According to this article on the Zero Hedge site (which references a fascinating article from Reuters), Vito Corleone and the Mob, er. . . sorry, I mean the Masters of the Universe at Goldman Sachs may have had some very snazzy software purloined by a software engineer who used to work in their “quants” section– presumably coding highly technical stuff where milliseconds count. The FBI has been called in; an arrest has been made. There are mysterious indicators that something fishy has been going on at the New York Stock Exchange. Billions of dollars possibly at risk. Software uploaded to some site in Germany. Oh, it sounds so juicy. I hope the wildest speculations (see the comments at the Zero hedge site) are true! I hope I hope! For starters, the guy the Feds nabbed is a Russian immigrant.
Conspiracy theories! Hardcore software geekery! Regulatory agency malfeasance! This could be a Wetmachine perfect storm!
Hat tip to Dail Kos diarist bobswern for another layer of analysis and for bringing the Zero Hedge site to our attention.
As to my momentary confusion of Goldman Sachs with a vicious nearly omnipotent criminal syndicate with tentacles in every branch of government, I can’t imagine where that came from.