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- Important point missed
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The story states "Aleynikov?s alleged theft
poses a risk to U.S. markets." This is very
true. A program such as this controls
microsecond level program trades. However this
also begs the conclusion that Goldman Sachs
have themselves used this very program to
manipulate the markets and on a massive basis.
Evidence? None yet. But it is a curious
coincidence that the NYSE stopped reporting GS
program trades this week. Then there was that
hanky panky where they bought bad mortgages and
used program trading to short their own bad
deals. They made money no matter what. It's
probably a good thing this software was stolen
so we can finally stop hedge fund trading. - Posted by: Denniek Posted on: 07/07/09 You are currently: a Guest | Members login | Terms of Use
Important point missed
Denniek | 07/07/09
|
Kinda like Iran complaining that Iraq stole its Nukeular secrets ....
kd5auq | 07/07/09
|
What do you think?
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