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Goldman is simultaneously pursuing civil resource for copyright violation? They could be but really why? Its a single guy, with likely limited monetary resourc
by mikeryan 15y ago
Goldman is simultaneously pursuing civil resource for copyright violation?
They could be but really why? Its a single guy, with likely limited monetary resources, and unless they can prove large monetary or punitive damages they wouldn't win much. I guess they can go the "make his life a living hell, dissuade folks from doing this in the future" kind of attitude but its a costly way to go about it.
- jonhendry 15y ago"with likely limited monetary resources" He was going to make about $1.2 million/year at the new job, and made $400k at Goldman. If he's still employable for HFT development, he's going to make a lot of money over the rest of his career.
- jemfinch 15y agoThey should ruin him. And I'm sure Goldman has enough lawyers on staff/retainer that they can make his life a living hell for relatively little marginal cost.
- j_baker 15y agoThat's an awfully arbitrary statement to be presented as factual. Clearly the programmer deserves to be punished, and I would argue that he already has been. His professional reputation has probably been permanently tarnished. But does he deserve to be ruined by the federal government? I certainly don't think so. Justice doesn't always have to happen in a courtroom.
- AJ007 15y agoMake that ruined by the federal government at the cost of US taxpayers and future taxpayers.