Goldman Sachs Code-Stealer Hit With Harsh Sentence

[The Straight Story]

Goldman Sachs Code-Stealer Hit With Harsh Sentence

When last we checked in on Sergey Aleynikov, the former Goldman Sachs computer programmer convicted of stealing the confidential source code of Goldman’s high-speed trading system, prosecutors were debating with his lawyers over his sentence.

Prosecutors were arguing for 10 years, while Aleynikov’s lawyer was asking for probation — no jail time at all.

Well, the sentence came down Friday afternoon — and the prosecutors, well, won. U.S. District Judge Denise Cote sentenced Aleynikov to more than eight years behind bars.

“I very much regret the foolish decision to download information, part of this information was proprietary to Goldman,” Aleynikov said before sentencing. “I never meant to cause Goldman any harm. I did not intend to harm anyone.”

http://blogs.wsj.com/law/2011/03/18/goldman-sachs-code-stealer-hit-with-harsh-sentence/?mod=e2tw

[aquart]

1. And yet, if anyone has harmed others, it's Goldman Sachs.

Yet they skate like the world is a rink and they are Sonia Henie.

[Agony]

2. Steal from Goldamn - 8yrs Goldamn steals from US - nothin'

You can get less than 8yrs for killing someone = justice FAIL

Time to make HFT illegal.