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Sergey Aleynikov Gets 8 Year Prison Sentence

Tyler Durden's picture




 

The man who singlehandedly almost stole Goldman's algorithm that could "manipulate markets" (p 8, lines 4-7) is now the person with the biggest prison sentence to come out of the entire financial crisis. Sergey Aleynikov has just gotten a 97 month sentence for doing absolutely nothing but copying some Goldman code that would likely never be recreated by anyone. In the meantime the bank execs who should be in jail, are currently benefiting from their coopted Fed to allow them to collect taxpayer-funded dividend payments. Justice may be blind, but not in America, where its eyes have been unfortunately poked out. On the other hand, at least Aleynikov did not get the gas chamber...

USAvSergeyAleynikov 7-4-09 Full

 

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Fri, 03/18/2011 - 16:11 | 1073074 HamyWanger
HamyWanger's picture


The Pigmen will always bend the rules and screw the little guy.

Learn it, love it, trade it.

 

Fri, 03/18/2011 - 16:13 | 1073104 AN0NYM0US
AN0NYM0US's picture

next up Fabrice

Fri, 03/18/2011 - 16:17 | 1073127 MaldelBot
MaldelBot's picture

Bisouuuuuxxxxxxxxxxxxxxxxx bitches!

Fri, 03/18/2011 - 16:19 | 1073132 HamyWanger
HamyWanger's picture

No way one of the Wall Street crooks will ever go to jail. 

Nerdy libertarians need to deal with it. 

GS, JPM and the FED will still exist in 50 years, and Ben Bernanke will end his life in tranquillity and wealth. 

Fri, 03/18/2011 - 16:34 | 1073240 Edmund Dantes
Edmund Dantes's picture

Don't count on it

Fri, 03/18/2011 - 18:49 | 1073753 long juan silver
long juan silver's picture

-

 

     FREE  SERGEV !!

 

 

-

Fri, 03/18/2011 - 21:31 | 1074185 JW n FL
JW n FL's picture

++++++++++++++++++++++++++++++++++

Free the open source guy.. C+

and then Hang the Pigmen for Treason on the White House Lawn.. Let CNBC cover hanging Cramer and Liesman!

Fri, 03/18/2011 - 16:37 | 1073254 Golden monkey
Golden monkey's picture

I told you I was looking for a free rent...

Fri, 03/18/2011 - 16:39 | 1073255 Ruffcut
Ruffcut's picture

As we will end our lives in chaos and filth.

Fri, 03/18/2011 - 16:58 | 1073357 Alienated Serf
Alienated Serf's picture

+1

Fri, 03/18/2011 - 18:40 | 1073721 ebworthen
ebworthen's picture

Not if I have anything to say about it.

Fri, 03/18/2011 - 16:22 | 1073170 TomJoad
TomJoad's picture

No we haven't had our eyes poked out, we have all been wearing "upside-down glasses" and engaging in willful "perceptual adaptation" 

http://en.wikipedia.org/wiki/Perceptual_adaptation

since the RayGun years.

Fri, 03/18/2011 - 16:35 | 1073243 Golden monkey
Golden monkey's picture

I'm looking for a free rent too. But I know I need to wait before the (jury trial) muppet show.

Long (waiting), but not boring.

No work, hundred chicks, silver bullions and plenty of toilet paper.

Fri, 03/18/2011 - 16:09 | 1073075 TruthInSunshine
TruthInSunshine's picture

That's Amerika* for ya'!

[Amerika, formerly known as America]

Fri, 03/18/2011 - 16:16 | 1073122 X. Kurt OSis
X. Kurt OSis's picture

 

Market is closed.  It's Miller Time!  Na zdorovie, komrads!!!!

Fri, 03/18/2011 - 17:28 | 1073480 SilverRhino
SilverRhino's picture

Za nas tovarischi

Sat, 03/19/2011 - 05:58 | 1074769 Sudden Debt
Sudden Debt's picture

This shows how firmly GS is embedded into the government.

Not a single work what the programm actually does...

 

For me, a programm like this screws us traders who have no idea against who you're trading.

How can we compete with a computer programm that has infinite resources to counter our moves?

 

Unless you have a bloomberg terminal, all your data is delayed by a minimum of a few seconds or minutes.

They get it real time...

They can act in microseconds

At least I don't...

They have the inside info

I don't...

This stockmarket is like watching the "pro wrestling" competions...

Fri, 03/18/2011 - 16:10 | 1073086 Rodent Freikorps
Rodent Freikorps's picture

Justice seems to be a relative thing these days.

Fri, 03/18/2011 - 16:19 | 1073142 WALLST8MY8BALL
WALLST8MY8BALL's picture

Yeah with the right "Relatives" you have immunity

Fri, 03/18/2011 - 16:37 | 1073245 ToNYC
ToNYC's picture

The punishment was for crime by a Free Radical against the Corporation. Sergey, Bradley, and Julian are trying to ruin it for the old boy network; what justice can you expect for just us?

Fri, 03/18/2011 - 20:51 | 1074099 slewie the pi-rat
slewie the pi-rat's picture

did some of the code pinksterz got nekkid  over truth abt bradleymanning's treatment.  no foggy bottoms, there!  video at 11!

also this weekend:  code pink bingo buses to quantico as marines close ranks.  [Mar 20, 2011] Rally to Support Bradley Manning (Quantico Marine Base, Virginia) | Why We Protest | Activism Forum

peace

Fri, 03/18/2011 - 16:11 | 1073088 X. Kurt OSis
X. Kurt OSis's picture

FREE SERGEY!!!!!!!!

Fri, 03/18/2011 - 16:20 | 1073143 mogul rider
mogul rider's picture

Uh no, actually its

"Bend over Sergey! Welcome to Kansas state penn.

My name is "Precious" and I"m gonna rock your hairy little world"

Fri, 03/18/2011 - 18:12 | 1073623 Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

He should have gotten a lawyer who knows how to play the game. He would have done better trying to plead it out to get less time.

 

No parole in a Fed pen either.

Fri, 03/18/2011 - 20:07 | 1073999 Alienated Serf
Alienated Serf's picture

i'm sure they did not offer him a good deal.  the US attorney knows who their bosses are.

Fri, 03/18/2011 - 16:12 | 1073090 Logans_Run
Logans_Run's picture

You don't fuck with Lloyd!

Fri, 03/18/2011 - 21:59 | 1073698 Pegasus Muse
Pegasus Muse's picture

There will be a tipping point, after which, it will be open season on Lloyd and his ilk.  I feel the pressure building like a reactor going supercritical.

Fri, 03/18/2011 - 16:13 | 1073098 SignsAndWonders
SignsAndWonders's picture

Stealing IP is a crime, dumbass.  Should've taken money instead.

Fri, 03/18/2011 - 16:48 | 1073302 Golden monkey
Golden monkey's picture

With dozen of wi-fi hubs, a jury can (and will) debate the issue.

I remember a cop came to me when I was on a boardwalk and told me I was stealing IP with my laptop. I told him I was fucking Nancy across the street, and that she allowed me to penetrate her network as well.

When the cop finally accept to leave, I notice the donuts box in the car. I knew right away he was divorced.

That stupid asso doesn't even know that silver is going to 130$.

Fri, 03/18/2011 - 16:12 | 1073099 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

There's that word America again, makes me want to vomit every time i see or hear the word. Hopefully won't be long now before that unfortunate blight is resigned to history.

Fri, 03/18/2011 - 16:13 | 1073100 trav7777
trav7777's picture

WTF...just WTF.  8 years for that???

Meanwhile Dick Flud got what?  Mozillo got what?  Paulson? 

Correct me if I'm wrong here, but they all got bonuses...

Fri, 03/18/2011 - 16:39 | 1073238 AN0NYM0US
AN0NYM0US's picture

Fri, 03/18/2011 - 16:44 | 1073294 Ruffcut
Ruffcut's picture

Don't fret it. He is sampling the new fema camps.  Just not high enuff and not enuff cash to pass go, collect 200 dollars. Landed on prison place.

THe monopoly of future should be more representative and have a pile of debt notes, less cash and prison for the poor loser.

Fri, 03/18/2011 - 16:13 | 1073102 SDRII
SDRII's picture

Sakarhov comes home

Fri, 03/18/2011 - 16:14 | 1073109 uno
uno's picture

wonder how much the judge was paid

Fri, 03/18/2011 - 16:21 | 1073144 MaldelBot
MaldelBot's picture

I don't know. 

 

What is the going rate for shabbas goy?

Fri, 03/18/2011 - 16:15 | 1073111 Gubbmint Cheese
Gubbmint Cheese's picture

We all deserve the injustice we tolerate.

Fri, 03/18/2011 - 16:18 | 1073112 dwdollar
dwdollar's picture

This should only suprise you if you actually believe there's still justice in this country.  I'd weep for you, except I'm too numb to care.

Fri, 03/18/2011 - 16:15 | 1073119 MaldelBot
MaldelBot's picture

His own damn fault for not having enough lobbying power in Washington. Congressmen need yachts too, you guys.

Fri, 03/18/2011 - 16:21 | 1073160 zoogle
zoogle's picture

I find your comment amusing, because it's true.

Fri, 03/18/2011 - 16:27 | 1073200 MaldelBot
MaldelBot's picture

Yup. Corporate personhood...isn't anonymous getting on this? 

Fri, 03/18/2011 - 16:16 | 1073123 Mercury
Mercury's picture

All clear.  Everybody back in the pool...

Fri, 03/18/2011 - 16:29 | 1073209 citta vritti
citta vritti's picture

That the one on top of Fukushima Daiichi No. 3?

Fri, 03/18/2011 - 19:49 | 1073948 RacerX
RacerX's picture

Yep enjoy the refreshing "hot springs" before they're gone.

Fri, 03/18/2011 - 16:16 | 1073124 alien-IQ
alien-IQ's picture

Goldman can manipulate the markets...that's perfectly legal...anybody else...Jail! Very "godlike".

"You know, I rather like this God fellow. Very theatrical, you know. Pestilence here, a plague there. Omnipotence... gotta get me some of that."

Stewie Griffin

Fri, 03/18/2011 - 16:19 | 1073141 AmCockerSpaniel
AmCockerSpaniel's picture

It's not that Sakarhov got an unjust sentence (he didn't). It's that he is the only one. This crime with out punishment will destroy us all (with a long enough time line).

Fri, 03/18/2011 - 16:21 | 1073157 dwdollar
dwdollar's picture

No judgement is 'just' unless it's equally enforced.  It's like an oxymoron.

Fri, 03/18/2011 - 16:36 | 1073242 AmCockerSpaniel
AmCockerSpaniel's picture

So true; Now the issue is to equally enforce the law. Then there is anarchy (not my option).

Fri, 03/18/2011 - 16:47 | 1073309 MrBoompi
MrBoompi's picture

Stealing someone else's code = 8 years

Stealing someone else' money = record bonus

Fri, 04/08/2011 - 13:46 | 1150606 roadlust
roadlust's picture

Just like killing corporate heads at Goldman equals "murder, while killing for the Marines equals "Medals."

"Morality" and "legality" all depends who your boss is now.

Fri, 03/18/2011 - 16:50 | 1073329 dwdollar
dwdollar's picture

Anarchy or an unjust society?  Either way your progeny are snuffed out if you aren't on top.  The latter just takes longer.

Fri, 03/18/2011 - 16:19 | 1073148 DonnieD
DonnieD's picture

At least they didn't hang him.

Fri, 03/18/2011 - 16:25 | 1073180 uno
uno's picture

let's see what happens to him in prison

Fri, 03/18/2011 - 16:25 | 1073192 Amish Hacker
Amish Hacker's picture

They're saving that for Julian Assange and Bradley Manning.

Fri, 03/18/2011 - 16:22 | 1073155 mogul rider
mogul rider's picture

Oh well

Say anyone know wher eto get gieger counters anywhere?

 

Gulag Amerika is alive and well

Fri, 03/18/2011 - 16:22 | 1073169 LongSoupLine
LongSoupLine's picture

Judge S - "For God's sake Reverend!!"

Reverend - "There is no God..."

 

-Caddy Shack

Fri, 03/18/2011 - 16:45 | 1073301 AcidRastaHead
AcidRastaHead's picture

Good on you SoupLine.  I've always felt Caddyshack has all the life lessons we need and makes an excellent substitute for the Bible, and more up to date too.  Here's my favourite commandment:

Judge Smails - It's easy to grin / When your ship comes in / And you've got the stock market beat. / But the man worthwhile, / Is the man who can smile, / When his shorts are too tight in the seat.

Fri, 03/18/2011 - 17:19 | 1073445 Agent P
Agent P's picture

I was born to love you.

I was born to lick your face.

I was born to rub you,

but you were born to rub me first.

~Ty

Fri, 03/18/2011 - 16:25 | 1073174 SwingForce
SwingForce's picture

And where are the 50 states Attorney Generals' indictments? There are none, they are not going to charge ANYBODY, and this poor sap gets 8 years? Don't Fuck with The Bankstas...

Fri, 03/18/2011 - 16:25 | 1073176 John McCloy
John McCloy's picture

Company creates algo that allows for the wealth of this nation to be scalped. 

Company steals algo to sell to competitor. 

Company steals billions annually in fees and savings from taxpayers, manufactures faulty CDO's, bets against CDO's, uses their capital to crash markets, uses subsidiary hedgefunds to crash markets, spreads rumors, change laws installs former execs at NYFED and government positions along with supposed regulating bodies and gets fine.

Every other complicit investment firm receives public scathing and fines while socializing the losses onto the American taxpayer and ensuring their class is the only one which does not endure a depression.

Man caught selling algo to competitor goes to prison for 8 years. 

Not a single Wall Street executive is indicted for purposely self destructing economy for their profit.

Change you can believe in.

Fri, 03/18/2011 - 17:00 | 1073362 rosiescenario
rosiescenario's picture

...pretty well sums it up...now if he had stolen the code from a local stop&rob he would have gotten 12 years.....

Fri, 03/18/2011 - 17:27 | 1073472 Irwin Fletcher
Irwin Fletcher's picture

Almost - if he were also in possesion of powder cocaine, then it's 10 years in minimum security, 0.8 after release on good behavior. If crack, then it's 20 hard years of not dropping the soap.

Fri, 03/18/2011 - 17:31 | 1073494 Irwin Fletcher
Irwin Fletcher's picture

McCloy, I'd be interested to hear your thoughts on Martin Armstrong.

Fri, 03/18/2011 - 16:23 | 1073178 Lord Welligton
Lord Welligton's picture

Well there you have it.

The Judicial system of the United States of America in all it's glory.

Fri, 03/18/2011 - 16:25 | 1073183 UnRealized Reality
UnRealized Reality's picture

Sorry ZH, regardless of the GS thingy, this info falls under secret scientific material. Just as the coke and Pepsi formulas. It is Grand larceny, which holds a 5-15 year sentence. Maybe you should stick to Financial matters.

Fri, 03/18/2011 - 16:33 | 1073226 TruthInSunshine
TruthInSunshine's picture

You have some Blankfein juice on your chin.

Fri, 03/18/2011 - 17:06 | 1073388 Lord Welligton
Lord Welligton's picture

:)

Fri, 03/18/2011 - 16:43 | 1073287 Irwin Fletcher
Irwin Fletcher's picture

Ha, the irony is that in science, you can also commit a despicable act such as lying your way through a study about vaccines and autism, endangering the health of kids whose parents were too scared to vaccinate them, picking up a few celebrity endorsements to pump and dump your story along the way, being struck off the British medical register, and end up retiring in comfort to the good ol' US of A. 

http://news.bbc.co.uk/2/hi/8695267.stm

Fri, 03/18/2011 - 16:49 | 1073313 alien-IQ
alien-IQ's picture

you are either willingly or unwittingly missing the point here...the result is the same...you are missing the point.

I'm not gonna bother to tell you what the point is because I have no doubt that many here will happily enlighten you if you dare to proclaim yourself so dimwitted as to not know.

Fri, 03/18/2011 - 17:00 | 1073355 AN0NYM0US
AN0NYM0US's picture

or depending on the jurisdiction any theft >$1,000

not sure if money laundering is included - I think that's just a token fine if you admit to no wrong doing:

 

 

Law enforcement officials also discovered something else. The smugglers had bought the DC-9 with laundered funds they transferred through two of the biggest banks in the U.S.: Wachovia Corp. and Bank of America Corp., Bloomberg Markets magazine reports in its August 2010 issue.

 

This was no isolated incident. Wachovia, it turns out, had made a habit of helping move money for Mexican drug smugglers. Wells Fargo & Co., which bought Wachovia in 2008, has admitted in court that its unit failed to monitor and report suspected money laundering by narcotics traffickers -- including the cash used to buy four planes that shipped a total of 22 tons of cocaine....

 

Wachovia admitted it didn’t do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007.

 

 

...Wachovia is just one of the U.S. and European banks that have been used for drug money laundering. For the past two decades, Latin American drug traffickers have gone to U.S. banks to cleanse their dirty cash, says Paul Campo, head of the U.S. Drug Enforcement Administration’s financial crimes unit. Miami-based American Express Bank International paid fines in both 1994 and 2007 after admitting it had failed to spot and report drug dealers laundering money through its accounts. Drug traffickers used accounts at Bank of America in Oklahoma City to buy three planes that carried 10 tons of cocaine, according to Mexican court filings.

 

 

http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-c...

 

Fri, 03/18/2011 - 16:32 | 1073198 plocequ1
plocequ1's picture

I am a Taxpayer. You are a taxpayer. We are all taxpayers.

Fri, 03/18/2011 - 16:27 | 1073202 Miss Expectations
Miss Expectations's picture

What do you get for teleprompter theft?  (the machine, not the man)

Fri, 03/18/2011 - 16:27 | 1073208 duncecap rack
duncecap rack's picture

This is just deeply sad. You know how corrupt it all is but this is just a reminder that the only punishable crime is being a little guy. Bob Dylan had a line for this-steal a little and they throw you in jail steal a lot and they make you king.

Fri, 03/18/2011 - 16:37 | 1073219 Dr. Acula
Dr. Acula's picture

I'm not sure how the IP was stolen, but it sounds like Goldman was victimized. If someone sneaks into your house and transcribes copies of your documents, wouldn't you feel violated?

The talk of "manipulating the market" is ridiculous. Every time you ask or bid you are manipulating the market. And no matter how powerful Goldman is, the market is still dominated by its callous and fickle boss - the consumer - and his subjective valuations and whims.

> the bank execs who should be in jail, are currently benefiting from their coopted Fed

Really? You're blaming a few bank execs for benefiting from an organization errected with the blessings of millions of citizens?

 

Fri, 03/18/2011 - 16:54 | 1073346 Misean
Misean's picture

Twat.

Fri, 03/18/2011 - 17:35 | 1073501 Dr. Acula
Dr. Acula's picture

Surely you can come up with a better rebuttal than just posting names for genitalia?

 

Fri, 03/18/2011 - 17:37 | 1073518 taraxias
taraxias's picture

how about this one

 

Your are a troll.


 

Fri, 03/18/2011 - 20:11 | 1074012 Alienated Serf
Alienated Serf's picture

he has the trollface icon, guess he is proud.

Fri, 03/18/2011 - 22:02 | 1074223 Ned Zeppelin
Ned Zeppelin's picture

Maybe Doc Acula is just dumb. Not like there's a shortage of dumb. 

Fri, 03/18/2011 - 17:10 | 1073405 JohnG
JohnG's picture

Most ampires are pretty smart, but you should be back in you coffin with the lid nailed on.

Shit for brains.

Fri, 03/18/2011 - 17:19 | 1073450 Lord Welligton
Lord Welligton's picture

He really is pretty disappointing isn't he.

Maybe he's working the late shift in the post room at 200 West Street NYC.

Fri, 03/18/2011 - 17:25 | 1073473 Lord Welligton
Lord Welligton's picture

"Really? You're blaming a few bank execs for benefiting from an organization errected with the blessings of millions of citizens?"

Sweet suffering Jesus.

You need to face reality.

You are never going to make partner.

Fri, 03/18/2011 - 17:56 | 1073575 TooBearish
TooBearish's picture

OMG this is kind of comment is why we are in the shit we are in...

Fri, 03/18/2011 - 18:22 | 1073661 duncecap rack
duncecap rack's picture

You know, I haven't seen Harry Wanger post for a while. This sure has the Wanger feel. If it is Harry I suggest  A S Swipe as his next moniker

Fri, 03/18/2011 - 16:35 | 1073234 oogs66
oogs66's picture

insanity....no cares that the code can 'manipulate' the market?  punish this guy and people who lie, cheat, front run, don't go to jail?  insane!  Gupta not even threatened with jail!  this is ridiculous!

Fri, 03/18/2011 - 16:36 | 1073248 israhole
israhole's picture

Fucking amazing. Well, they had to hold somebody accountable eventually, and we knew they weren't gonna send anybody in "the Club" to prison.

 

Fri, 03/18/2011 - 16:41 | 1073257 TruthInSunshine
TruthInSunshine's picture

by Dr. Acula  wept
on Fri, 03/18/2011 - 16:37
#1073219    

 

No matter how powerful Goldman is, the market is still dominated by its callous and fickle boss, the consumer.

First, that's some heavy bullshit you're spreading. Goldman Sachs would be buried 6 feet under if we really had a 'market,' but they weren't, because we don't. Deny that, and your bullshit continues to be prima facie bullshit.

And it's not about one wrong, it's about how two wrongs (or far more many wrongs than that in Goldman's case) are treated differently, ala double standard.

But yes, I know, Goldman Sachs hasn't been engaged in all sorts of illegal behavior, the 500 million dollar slap on the wrist they got was justice, they never screw their 'valued clients' like they did in the case of Abacus, blah blah blah...Goldman follows the law, and my goodness, we can't have anyone violating Goldman's rights without having them imprisoned!

 

Fri, 03/18/2011 - 16:47 | 1073314 Dr. Acula
Dr. Acula's picture

>>the market is still dominated by its callous and fickle boss, the consumer.

>First, that's some heavy bullshit you're spreading.

Do you mean that you don't like to hear it? Or that it's not actually true?

>if we really had a 'market,'

Of course we have a market. Unless someone is threatening to shoot you or force you into a cage, then your voluntary transactions on the stock exchange constitute market activities. No one's forcing you to keep confetti-denominated assets.

>Goldman Sachs hasn't been engaged in all sorts of illegal behavior

I'm not sure about that. But in any case, "market manipulation" is a ridiculous charge. Who exactly is the victim of that "crime"? The market price of an asset is based on the subjective valuation in other people's heads. Can we sue other people whenever they change their opinion of something?

 

Fri, 03/18/2011 - 16:55 | 1073349 Misean
Misean's picture

Nit wit.

Fri, 03/18/2011 - 16:59 | 1073356 TruthInSunshine
TruthInSunshine's picture

Unless someone is threatening to shoot you or force you into a cage, then your voluntary transactions on the stock exchange constitute market activities.

 

Really? So I can lie, deceive, defraud you, sell you a thesis that I know is opposite of factually correct as I'm selling it, tell you something that is 180 degree from what I'm showing to regulators, and do a million other unscrupulous (and illegal, which is my point) things, and as long as I don't pull a gun on you and force you into a cage, it's all good?

I have a 1968 Chevrolet Camaro in mint condition I will sell you for 5k. But between the time you inspect it and test drive it, I think I will take out 1/2 the mechanical underpinnings. Don't call and bitch at me or ask for your money back, after you take delivery. I never pulled a gun on you.

Fri, 03/18/2011 - 17:27 | 1073476 Dr. Acula
Dr. Acula's picture

>Really? So I can lie, deceive, defraud you, sell you

Misrepresentation is criminal fraud. And when one cheats and deceives others, he damages his reputation such that others will not do business with him again.

In any case, this has little to do with the claims of "market manipulation" which are still absurd.

Fri, 03/18/2011 - 19:33 | 1073877 NumberNone
NumberNone's picture

Homework on the case shows that Sergey was a thief.  He stole the code to make himself more valuable for competing startup.  He's not any sort of working class hero "sticking it to the man".  He's just another greedy POS finance guy that with the dream to make/rob as much fucking money from the market as  he could via HFT.  Good riddance.

The problem that I have and alot of other people have is the fact that the code he stole from GS was said by the US Attorney trying the case "Facciponti said a person misusing the code might be able to “manipulate markets"

So thank God this sort of weapon of mass destruction is in the hands of GS.  We all know that they would never misuse it and if they did "manipulate markets" any gains from it would be used to fund hospitals in India and feed starving children in Africa. 

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSDxSdMlPTXU 

Fri, 03/18/2011 - 19:47 | 1073944 Yits and the Yimrum
Yits and the Yimrum's picture

yes, they are doing god's work!

 

Blankenstein was right up front about that.

Fri, 03/18/2011 - 17:10 | 1073400 Lord Welligton
Lord Welligton's picture

Do you understand the concept of "Market". You know. In the classical sense.

Not the Kleptocratic idea?

Fri, 03/18/2011 - 17:11 | 1073415 JohnG
JohnG's picture

Market? MARKET??

You have now proven that you are an idiot.

Great job.

Fri, 03/18/2011 - 17:17 | 1073421 SME MOFO
SME MOFO's picture

Let's review -

Aaa AAA AAA

An obligor has EXTREMELY STRONG capacity to meet its financial commitments.

They knew, they lied, you're not getting a pension

Questions?

Fri, 03/18/2011 - 17:14 | 1073432 Lord Welligton
Lord Welligton's picture

Anyway.

Carry On Sucking Blood.

Fri, 03/18/2011 - 17:45 | 1073533 Dr. Acula
Dr. Acula's picture

>Carry On Sucking Blood.

Jeez. What did Goldman ever do to you?

Obviously the market highly values Goldman: it is clearly expressed in the objective exchange value of its shares. Probably, it is because Goldman is effective at generating wealth and speeding the market to equillibrium through shrewd investing.

And if voters errect a criminal counterfeiting organization imbued with an aura of legitimacy, then the managers are naturally obliged to tap that source of wealth. After all, the execs (essentially, mere managers) must answer to the owners of the capital, viz. the shareholders.

 

Fri, 03/18/2011 - 19:46 | 1073926 Yits and the Yimrum
Yits and the Yimrum's picture

hey dr. douchebag, we have a nice retirement option for you:

spend your senior years in our fine community of Maiden Lane, and enjoy all the benefits that membership has in store for you

 

Sat, 03/19/2011 - 09:15 | 1074902 Escapeclaws
Escapeclaws's picture

I can't remember where I read this, but it seems applicable to "Dr" Acula:

What wheezing mule did you ride into town on?

Fri, 03/18/2011 - 16:38 | 1073260 Seasmoke
Seasmoke's picture

he would have got less time if he shot Blankefein in the head on his way out the door

Fri, 03/18/2011 - 19:40 | 1073900 Yits and the Yimrum
Yits and the Yimrum's picture

Crook-fein can be replaced; the holy code not so much

if i were this guy, I wouldn't sleep so good

probably should have disapeared on bail, and made a run to central america

probably some private label spooks may have sponsored him into their fold in return for services rendered

Fri, 03/18/2011 - 16:38 | 1073265 Cursive
Cursive's picture

Makes me want to go completely "off grid."

Fri, 03/18/2011 - 16:42 | 1073275 bbq on whitehou...
bbq on whitehouse lawn's picture

What the banks dont want you to know is that they can't win.

 Math; their god and their servent. Untill its not.

The "elites" are loseing. They know this because they have the best "math". 

Its the meek who shall inherit the earth; for it is the meek who have the power to endure.

In 8 years most of this non-sense will be over with.

Sat, 03/19/2011 - 09:20 | 1074907 Escapeclaws
Escapeclaws's picture

The untouchables in India are still waiting and they've been meek for some time.

Fri, 03/18/2011 - 16:45 | 1073295 Dr. Porkchop
Dr. Porkchop's picture

He got Lynndie Englanded.

 

Someone's gotta get thrown under the bus. Happens everyday where I work. Wall St. isn't so different. If you listen closely enough, you can always hear someone sharpening a knife.

Fri, 03/18/2011 - 17:16 | 1073431 velobabe
velobabe's picture

good ole lynndie, the martha stewart of the military.

us of A:

military

finances

woman

Fri, 03/18/2011 - 16:44 | 1073298 mfoste1
mfoste1's picture

this make me upset....so its ok for goldman(all the banks, fed) to manipulate the market for years it has?....someone needs to clean this scum up....

Fri, 03/18/2011 - 16:59 | 1073359 John McCloy
John McCloy's picture

  I feel what you are saying. In a land of laws and not men this is a very clear cut case of theft yet now we take a different perspective because we come to the realization that a separate judicial system exists for the elites and that is what is upsetting. When weighing the balance of justice this man's penalty is entirely too harsh and frightening. 

Sat, 03/19/2011 - 09:16 | 1074904 Escapeclaws
Escapeclaws's picture

+100

Fri, 03/18/2011 - 16:46 | 1073299 John Law Lives
John Law Lives's picture

This goes to show what happens when you try to mess with the rich and powerful in America.  You get stomped into the ground.

Fri, 03/18/2011 - 17:23 | 1073466 Golden monkey
Golden monkey's picture

I'm doing that daily, and really hope you are right.

Fri, 03/18/2011 - 16:48 | 1073315 Dr. Porkchop
Dr. Porkchop's picture

When you look at terrorist groups and wonder how these people ever got to the point where they are willing to do such violence, and then look at what the rich and powerful do to people everyday in the US, it becomes easier and easier to bridge the gap mentally.

Fri, 03/18/2011 - 16:48 | 1073319 Misean
Misean's picture

"On the other hand, at least Aleynikov did not get the gas chamber..."

Prison's a dangerous place.

Fri, 03/18/2011 - 16:50 | 1073325 spanish inquisition
spanish inquisition's picture

He got lucky. Was a time when you were put to death on the spot when caught poaching the kings game.

Fri, 03/18/2011 - 17:04 | 1073377 trav7777
trav7777's picture

hell it was worse than that...if you were even caught in the king's forest with a broadhead arrow (hunting tip) you were presumed to be poaching and were executed

Fri, 03/18/2011 - 16:55 | 1073347 SilverFiend
SilverFiend's picture

I just read the scribd document.  55 pages of his bail hearing!  That was a waste of time!

Fri, 03/18/2011 - 16:57 | 1073358 Battleaxe
Battleaxe's picture

Is he going to take over Martin Armstrong's cell?

Fri, 03/18/2011 - 16:58 | 1073361 gwar5
gwar5's picture

So the purpose of the judicial system is now to protect the looter banks. The banks are immune from going to jail themselves.

This is insane.

Fri, 03/18/2011 - 18:27 | 1073684 Rainman
Rainman's picture

No. If it were insane I would immediately understand it. Most likely, the abnormal has simply become normal.

Fri, 03/18/2011 - 16:59 | 1073365 tony bonn
tony bonn's picture

satan may be alive and well but god will have the last say....this injustice will be dealt with in due time

Fri, 03/18/2011 - 17:01 | 1073370 Misean
Misean's picture

Religion, the opiate of the masses. Great demonstration.

Fri, 03/18/2011 - 17:02 | 1073369 goldstandard
goldstandard's picture

Money talks and bullshit walks as we used to say in Brooklyn. some sucker had to take the fall becasue if the Vanpire Squid was ever brought down, no doubt thet would take most of the joke we call Congress with them. I think we're long past the time for the second American revolution, but Lincoln said it best.....

 

"This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing Government, they can exercise their constitutional right of amending it or their revolutionary right to dismember or overthrow it". 1861

 

 

Fri, 03/18/2011 - 17:21 | 1073460 topcallingtroll
topcallingtroll's picture

It is time for revolution. I have young kids to raise so it is too early for me, but i can fund the crazies who want to take part, and i have the skills to deal with serious injuries including chest tubes.

kprice1670@gmail.com

I have had enough now. One crazy can make a.difference. a platoon of crazies can make a.bigger difference. We know who is the enemy and bankers are at the top.

Fri, 03/18/2011 - 17:28 | 1073487 Golden monkey
Golden monkey's picture

You blind troll, your revolution is coming, no more oil for phony $$$. Bernanke is the chief of the rebels.

Be a man : Just sit and watch it on CNN.

First episode : Algerians monkeys out of control.

Fri, 03/18/2011 - 17:05 | 1073384 Misean
Misean's picture

Just a question to all who think this guy is a scape goat or a fall guy, why do you think that? This isn't a fall guy. This is a hit. It shows who is in charge and that there's no where to hide.

Fri, 03/18/2011 - 17:21 | 1073455 Battleaxe
Battleaxe's picture

Yeah, if you're on the side of the sociopaths in power you can get away with absolutely anything, but if you're against them you'll be pinned with something.

Fri, 03/18/2011 - 17:06 | 1073392 velobabe
velobabe's picture

at least Aleynikov did not get the gas chamber...

        best served cold. winning.

Fri, 03/18/2011 - 17:09 | 1073396 buzzsaw99
buzzsaw99's picture

The squid is the law. The FBI works for them. Don't eff with Goldman.

Fri, 03/18/2011 - 17:10 | 1073402 velobabe
velobabe's picture

tylers, it is a super M O_O N

anything can happen. but i think it is only ^ from here, for yous.

Fri, 03/18/2011 - 17:11 | 1073408 AldoHux_IV
AldoHux_IV's picture

There's no justice anymore in this fucked up world.

Fri, 03/18/2011 - 17:11 | 1073414 topcallingtroll
topcallingtroll's picture

Oh I am so mad. If we cannot get justice someone is going to have to step up to the plate. Do any of you remember vincent mccruden and his list of 47? St. Vincent should be what we call him. I am going to send him cigarette and.snack money if he goes to prison because they will try to file a.civil suit and take away his coke money like they did for peter schiff's father. If there are any.crazies out there your fame will live forever if you would just give us justice. I will sponsor a statue in your name. But you have to go after the big guys. Please....someone! JW in FL dont u know any.crazies we might groom?

Fri, 03/18/2011 - 18:18 | 1073644 tired1
tired1's picture

Can you provide links, please?

Sat, 03/19/2011 - 09:23 | 1074914 Escapeclaws
Escapeclaws's picture

I see the words "prison" and "file" in the same paragraph. You should be more careful.

Fri, 03/18/2011 - 17:12 | 1073420 Fyodor Does DF Ski
Fyodor Does DF Ski's picture

Speaking of rotten sentences, this one stinks like last week's leftover borscht, the wrong guy in this freakin' mess just got a one way ticket to the Gulag and now "peasant justice" has apparently been served...it also tastes like last week's...oh, never mind...let 'em eat cake!

Fri, 03/18/2011 - 17:16 | 1073434 ziggy59
ziggy59's picture

dont mess with the mob..

such a joke..he should be rewarded for almost doing the job of the cling-ons that are employed to do it.

Fri, 03/18/2011 - 17:24 | 1073451 Zero Govt
Zero Govt's picture

Fuking outrageous what these WS cunts and their crones in the Judiciary get away with ....pitchforks ready, don't forget the bloody Judges and lawyers

Fri, 03/18/2011 - 17:25 | 1073453 Quinvarius
Quinvarius's picture

How in the Hell do you get 8 years for that?  The lesson here is never surrender.  They will wreak undeserved violence on you if you give in.

Fri, 03/18/2011 - 17:22 | 1073454 ziggy59
ziggy59's picture

more SB in the Bizarro World..wheres the Punisher or Daredevil or Dark Knight?

Fri, 03/18/2011 - 17:21 | 1073456 goldstandard
goldstandard's picture

Justice? You want fucking justice?!?! Let's see. We as a society have grown fat, happy, lazy and stupid. We have allowed ouselves to be constantly brow beaten with a velvet glove and enjoy it as long as we have our toy's. You have a pretty sizeable population in the Middle East that have lived under iron rule subsisting on less than a couple of dollars a day, who finally stood up and had their Network moment. They were mad as hell and weren't going to take it any more. Hopefully when the warmer weather hits, millions of Americans will wake up and say we're tired of the bullshit back room deals, the lying and screwing of the middle class or what's left of it along with a Congress that is in the back pockets of the banks and a Justice Department that still has failed to hit the jugular with regard to the banking crisis. If Senator durbin can stand in front of the senate and exclaim that Wall Street owns them, then it's time for a major bowel movement in the great banana Rapublic of America.

Fri, 03/18/2011 - 17:32 | 1073498 Zero Govt
Zero Govt's picture

"..bullshit back room deals.." indeed. Watched Max Keiser yesterday with the tail of a Bank that had a secret underground passage to the Wisconsin parliament so that vested interests could be ferried into the thieving ponzi scheme that is Govt to see how taxes were being carved up (on the scum no doubt)... imagine the $Billions/$Trillions siphoned over the decades 

Fri, 03/18/2011 - 20:34 | 1074073 Alienated Serf
Alienated Serf's picture

we don't have any parliaments in the us of a.  we have legislatures, a.k.a. bunch of criminals who can steal your money legally.

Fri, 03/18/2011 - 17:24 | 1073468 DNB-sore
DNB-sore's picture

Certainly this sentence is very reasonable; when you copy something that is very dangerous, the law is coming for you before you have a chance to properly paste your own global weapon of market mass defrauding.

they mean good to us to keep the weapon in the hands where it's safe, really

 

Fri, 03/18/2011 - 17:30 | 1073488 jblack010
jblack010's picture

This shit has got to stop. I can't believe he was defended by a public defender in this action. No one want to take on the government.

 

This kid was screwed, especially in comparison to the outright theft being undertaken by those who do know better.

 

http://www.scribd.com/doc/51074033

Fri, 03/18/2011 - 17:34 | 1073508 Zero Govt
Zero Govt's picture

Let's start a Free Sergey Aleynikov Campaign 

Anyone any experience at setting up a website for signaturies?

I'll donate $100 to kick it off

Fri, 03/18/2011 - 18:39 | 1073710 Rainman
Rainman's picture

I'll call that donation if I can add Free Wesley Snipes too

Fri, 03/18/2011 - 17:38 | 1073519 metastar
metastar's picture

I'll implement the code! Can we get it posted on WikiLeaks?

Perhaps we can create an open source HFT trading platform for the masses. Can someone suggest a suitable name?

Fri, 03/18/2011 - 17:44 | 1073537 Quinvarius
Quinvarius's picture

"Dick Move"

Fri, 03/18/2011 - 18:44 | 1073737 ebworthen
ebworthen's picture

"Secret Sauce"

Do NOT follow this link or you will be banned from the site!