User:Algorithmic trader 007
File:Macbook Pro Retina 13 2013.jpg
This page is dedicated to
Sergey Aleynikov
.jpg)
The only person who went to jail in the financial crisis
A former computer programmer, if not the best when he was at Goldman Sachs.
Abacus mortgage-backed CDOs, shorted by a former treasury secretary who does not go to jail, Henry Paulson
The case against Sergey Aleynikov is best depicted in Flash Boys.
http://www.vanityfair.com/news/2013/09/michael-lewis-goldman-sachs-programmer
In December 2010 he was convicted of two counts of theft of trade secrets and sentenced to 97 months in prison. In February 2012 his conviction was overturned by the United States Court of Appeals for the Second Circuit that entered a judgement of acquittal, reversing the decision of the District court, and ordering his immediate release.
The biggest irony is the former head of the United States Secretary of the Treasury and someone in a position to sign his name on the money, Paulson actually set up a fund with Goldman Sachs and bet against it. never did a day in jail and all the while, the arrest of Sergey Aleynikov was only done after the tip to the FBI from Goldman. The best way to get the full story is to read Flash Boys.
this page is dedicated to Sergey Aleynikov !!
