video via
http://maxkeiser.com/2009/07/10/video-bloomberg-on-goldmans-market-manipulation-code/">Max Keiser, summary below from
http://www.creditwritedowns.com/2009/07/bloomberg-is-coming-down-hard-on-goldman.html?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=creditwritedowns">Credit Writedowns
The video above is a must-see piece of journalistic skepticism. The duo at Bloomberg News are discussing the recent alleged theft of trading code by a former Goldman employee Sergey Aleynikov who moved to a hedge fund called Citadel. Their commentary is incredulous. Their tone seems to ask: “Is the Government working for Goldman now?”
Here are a few gems:
- “What is Goldman Sachs doing with this trading code that could manipulate the markets?”
- “And Goldman got on the phone to the Justice Department and got them so fast to nail this guy, it’s almost - you wonder if they have a red line to the government.”
- “It is amazing within one day of Goldman calling they had FBI agents at his driveway doing surveillance. The next day they arrested him…”
- “It’s interesting that the prosecutor from the testimony that I’ve read, it almost sounds as if he’s working at Goldman Sachs.”