Former Goldman Programmer's Conviction Overturned 182
i_want_you_to_throw_ writes "The legal woes will soon be over for Sergey Aleynikov, a former Goldman Sachs Group computer programmer who had been convicted of stealing part of the Wall Street bank's high-frequency trading code. A federal appeals court overturned his conviction and recommended acquittal. We previously discussed this story when he was sentenced to 97 months in prison. It will be interesting to see their reasoning (an opinion is to be released) as well as what this may mean for other programmers developing high frequency trading code."
Re:90% reduction (Score:0, Funny)
I would rather pay high frequency traders $.01 a share and have a deep liquid market then go back to the good old days
Interesting. Why would you want to return to the good old days at all if the deep liquid market is preferred now? Maybe you want to go back to the good old days after you retire???
Confused.