Tuesday, July 7, 2009
Oi!! Give us back our Market Manipulator!
Goldman Sachs Group Inc. may lose its investment in a proprietary trading code and millions of dollars from increased competition if software allegedly stolen by a former employee gets into the wrong hands, a prosecutor said. â€œThe bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways,â€ U.S. Attorney Joseph Facciponti said.