Former Goldman Programmer Sentenced To 97 Months 195
stevegee58 writes "Former Goldman Sachs programmer Sergey Aleynikov was sentenced to 97 months in prison for stealing source code used in Goldman's high-frequency trading algorithms. Aleynikov was convicted late last year in Manhattan federal court."
Shame (Score:5, Insightful)
It's a shame this is the only guy from GS who went to jail...
This is stupid (Score:0, Insightful)
The punishment does not fit the crime. Period.
This should be a *civil* matter. Garnish his wages, make him pay for restitution and loss of revenues, but this should not be a criminal offense.
The system is broken, and its because most people are technical laggards and people are just too lazy to fix a broken system.
Those who should get 97 months... (Score:5, Insightful)
This would make sense... (Score:5, Insightful)
...if all the top Goldman CEOs were put in jail for 8 years for their stunts that put the country into a major recession.
Stool Pidgeon (Score:5, Insightful)
any goldman sachs excutives going to jail (Score:5, Insightful)
Now now (Score:5, Insightful)
Now now... I know those guys are hated, and caused a global recession to line their pockets, and were giving themselves gigantic bonuses just as they were being bailed out by the government, and all, but that's no excuse to go back to barbaric times. Two wrongs don't make a right, ok? There's no reason to deprive the people of football for that.
Do what the Romans used to: have the executions at halftime :p
Re:Now now (Score:4, Insightful)
Re:GS is a big donor to the right people (Score:5, Insightful)
Don't get me wrong, I'm not so naïve to believe US politics (or any Western country's politics for that matter) are free of corruption. But you're right there on the other end of the spectrum: making everyone supporting a political cause with money suspect.
If you think that's somehow helpful, power to you, but I don't see how it is. Of course you could be of the opinion that supporting a political cause with money is a bad thing for exactly that reason, but believing that would stop everyone from doing it would be no less naïve...