andrewducker: (Default)
andrewducker ([personal profile] andrewducker) wrote2009-07-09 01:12 pm

Oh. My. God.

If I read this right then Goldman-Sachs have been packet sniffing at the New York Stock Exchange, picking up the trading information before it's made, and then basing their own trades on the direction the market is _about_ to move.

If this turns out to be true then they are in so much trouble it's not true. Company-destroying amounts of trouble.

Can anyone clear up the detail of this for me?

[identity profile] meihua.livejournal.com 2009-07-09 12:23 pm (UTC)(link)
... This has got to be a misunderstanding. Surely. This is just too big to be real. I'll watch with interest, will you be posting updates?

[identity profile] meihua.livejournal.com 2009-07-09 12:26 pm (UTC)(link)
Reposted for signal-boosting. :)