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Submission + - Up to 10 Years for Ex-Goldman Programmer (nytimes.com)

TTL0 writes: Prosecutors are asking a federal judge to sentence a former Goldman Sachs computer programmer who stole proprietary code to up to 10 years in prison, according to a filing.

The programmer, Sergey Aleynikov, was convicted in December of stealing proprietary code, which generated some $300 million dollars for Goldman in 2009 by executing ultra-fast trades using computer algorithms that catch tiny price discrepancies in stock prices.

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We don't really understand it, so we'll give it to the programmers.

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