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This something you guy/girls would be interested in?

Post  Bozo on Sat Apr 14, 2012 3:07 pm

Title: Goldman Sachs stolen code case thrown out over irrelevant statutes.

Appeals court rules programmer can't be convicted under two statutes, in part because source code is not a physical object......

"A former Goldman Sachs programmer will not serve time for stealing the investment firm's proprietary source code because prosecutors charged him for the theft under one statute that was irrelevant to the case, and another that is too antiquated to apply, lawyers say."
&
"The enormous profits the system yielded for Goldman depended on no one else having it," the judges wrote. "Because the HFT system was not designed to enter or pass in commerce, or to make something that does, Aleynikov's theft of source code relating to that system was not an offense under the EEA."

w w w .guardian.co.uk/world/us-news-blog/2012/apr/13/goldman-sachs-programmer-source-code-theft?newsfeed=true

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Post  The Pope on Sat Apr 14, 2012 3:17 pm

I was on the US SEC site today and noticed goldman sachs were in trouble for something on their news bulletin thing.

Didnt bother reading it but may be of interest to someone that securities exchange commission has them in trouble

http://www.sec.gov/
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The Pope

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Re: This something you guy/girls would be interested in?

Post  Bozo on Sat Apr 14, 2012 3:23 pm

Unbelievable the level of corruption in these financial institutions,
makes you wonder what our banks, etc. are keeping private about our housing situation in oz right about now, hey?

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Re: This something you guy/girls would be interested in?

Post  Parasite on Sat Apr 14, 2012 3:28 pm

Ka wrote:Unbelievable the level of corruption in these financial institutions,
makes you wonder what our banks, etc. are keeping private about our housing situation in oz right about now, hey?

No Shocked

Laughing
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