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August 2, 2013

Business Crime

Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer?

Shortly before leaving Goldman Sachs, Sergey Aleynikov downloaded around 32mb of source code from their high-frequency stock-trading system. Even as he was sent away for an eight year bid in federal prison, no one seemed to fully understand exactly what he did.

Michael Lewis Vanity Fair Aug 2013 45min Permalink