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Is A Case Of Quant Trading Sabotage About To Destroy Goldman Sachs?
Is A Case Of Quant Trading Sabotage About To Destroy Goldman Sachs?
Major developing story: Matt Goldstein over at Reuters may have just broken a story that could spell doom for if not the entire Goldman Sachs program trading group, then at least those who deal with "low latency (microseconds) event-driven market data processing, strategy, and order ...
NYSE Halts Transparency, Feels Goldman Program Trading Disclosure Is Unnecessary
zerohedge.blogspot.com — In a move set to infuriate and send many Zero Hedge readers over the top, the NYSE... has taken action to make sure that nobody will henceforth be able to keep track of the complete dominance that Goldman Sachs exerts over the New York Stock Exchange. ... (more) NYSE Halts Transparency, Feels Goldman Program Trading ...
Goldman Sachs’s $100 Million Trading Days Hit Record (Update1)
bloomberg.com — May 6 (Bloomberg) -- Goldman Sachs Group Inc. reaped more than $100 million in trading revenue on... a record 34 separate days during the first three months of 2009, up from the previous peak of 28 in last year’s first quarter. For December, there were ... (more) Goldman Sachs’s $100 Million Trading Days Hit Record ...
Goldman: Pwned?
market-ticker.denninger.net — Oh oh..... Insane major props to Zerohedge on this one ! Back-up : This week's NYSE Program... Trading report was very odd : not only because program trading hit 48.6% of all NYSE trading, a record high at least since the NYSE keep tabs ... (more) Goldman: Pwned?
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The new GODFATHER - JPM?
The HardHead Fund — ... Tyler Durden of ZeroHedge has come in with his own excellent analysis of this strange, strange criminal case. ...

Goldman: Pwned?
The Market Ticker — ... Oh oh..... Insane major props to Zerohedge on this one! Back-up: This week's NYSE Program Trading report was very odd: not only because program trading hit 48.6% of all NYSE trading, a record high at least since the NYSE keep tabs of this data, and a data point which in itself was startling enough to cause some serious red flags as I jaunt from village to village in what little is left of Europe's bison country, but what was shocking was the disappearance of the #1 mainstay of ...

/ES S&P500 Index Futures Roadblocks
Trading to Win — ... With Goldman Sachs allegedly having one hell of a ride with Quant Trading Code disappearance market action might just get a little more organized. ...

Just Because You're Paranoid Doesn't Mean Law Enforcement Isn't Out to Help You
Angry Bear — From the coolest possibly-corporate-espionage story of the week: If only the FBI were to tackle cases of national security and loss of life with the same speed and precision as they confront presumed high-frequency program trading industrial espionage cases... especially those that allegedly involve Goldman Sachs. The original is from Reuters. ...

Links 7/6/09
naked capitalism — Coffee 'may reverse Alzheimer's' BBC. A high dose, I might add. From predator to plant in one gulp Byte Sized Biology Obama reaches the limit of a friendly tone Clive Crook, Financial Times Binyam Mohamed launches legal fight to stop US destroying torture images Guardian Taibbi’s Scream: Stop the political system that lets Goldman Sachs and others run roughshod over society Robert Johnson Bernie Madoff Is No John Dillinger Frank Rich, New York Times. I am late to this. A good piece with a not-so-hot headline. As Retailers Cut Back CIties Confront 'Ghostboxes' Huffington ...

Bizarre Spy Drama At Goldman Sachs
Daily Markets — ... of Reuters has unveiled a bizarre spy drama at Goldman Sachs ( GS ) wherein one Serge Aleynikov is alleged to have stolen the Goldman Sachs real-time proprietary trading system and shipped it secretly to Europe. I’ll speculate here: was the Central Bank of Russia the buyer? Is this the reason President Obama has traveled to Moscow today? Who needs John Grisham when fact is juicier than fiction? http://blogs.reuters.com/commentaries/2009/07/05/a-goldman-trading-scandal/ http://zerohedge.blogspot.com/2009/07/is-case-of-quant-trading-industria… ...

TBTF-Theory Not Reflected in History Books
The Prudent Investor — ... This series may be continued with Goldman Sachs. At least there is no historical precedent saying otherwise and the TBTF discussion has just been given a new breather by Zerohedge's refreshing spate of documents, with an interesting answer by ...

The Goldman Sachs code swipe “scandal”
self-evident — ... You can find the story on Zero Hedge. True, Zero Hedge is the world’s biggest poser. He does not actually understand the affidavit or its implications. But he does include a copy of it, which is very useful. ...

Lunchtime Linkage
The Big Picture — Some lunchtime reading while you inhale your sandwiches: • How Bad Are Auto Sales? 10 Questions and Answers (Time) • Unemployment is now far beyond the worst case (8.8%) of ‘Stress Test’ (Calc Risk) • Finally on line! The Great American Bubble Machine (Rolling Stone) • The Unwinding of Lehman Brothers (CNBC) • Sharp analysis: Is A Case Of Quant Trading Sabotage About To Destroy Goldman Sachs (Zero Hedge) • America’s Fiscal Train Wreck (Morgan Stanley) • ...

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Is A Case Of Quant Trading Sabotage About To Destroy Goldman Sachs?
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Rackspace: Goldman Downgrades After Huge RallyBARRONS.com: Tech Trader Daily 7/6/2009
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