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IIRC one speculation on the matter was that the information that was taken would have proven that GS engages in all sorts of illegal and rule-bending trading st
by fnordfnordfnord 13y ago
IIRC one speculation on the matter was that the information that was taken would have proven that GS engages in all sorts of illegal and rule-bending trading strategies (say it ain't so).
edit: added quote from court record below.
"...because of the way this software interfaces with the various markets and exchanges, the bank has raised a possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways."
See page 8 http://www.scribd.com/doc/17191934/USAvSergeyAleynikov-7409-Full http://www.scribd.com/doc/17191934/USAvSergeyAleynikov-7409-...