Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer?

[Vikrant]

Michael Lewis: Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer? | Vanity Fair

(A very insightful article on Wall Street. It is totally worth your time to read it.)

 

[Toro]

Michael Lewis is one of my favourite writers, but point of fact, Goldman can't charge anyone with anything.

 

[Vikrant]

Goldman filed complaint (aka charges) and he was prosecuted by federal government.

Two things caught my eyes reading that article:

1. Corruption in the stock market
2. Inadequacies of the legal system when prosecuting cases involving high tech

 

[Toro]

Only the government can file charges. Private companies or citizens cannot.

What interested me about that article was how bad Goldman's technology is.

It also reaffirmed my strongly held belief not to trust Wall Street.

 

[Vikrant]

^ By charges author means complaint.

 

[Quantum Windbag]

Michael Lewis: Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer? | Vanity Fair

(A very insightful article on Wall Street. It is totally worth your time to read it.)

Any overstepping needs to be laid at the feet of the people who actually did it. He wasn't charged by Goldman Sachs, he was charged by the government.