On Jul 7, 2009, at 11:38 AM, Sabri Oncu wrote:
Doug:
This guy stole proprietary code (and I'm no lawyer, but trading
algorithms
must be protected under IP law, no?) from someone far more rich and
powerful than he. That's what makes it a crime.
Dear Doug,
You and I have exchanged many disagreeing e-mails since 2001, if not
earlier, and it is unfortunate that we are still disagreeing, although
we occasionally agree on some things.
Serge in not a criminal at all: what may make him a criminal are these
silly IP laws, so maybe we are agreeing?
Hey, I'm not defending the criminalization of what he did. I'm
exploring the political economy of why what he did is a crime. Under
the delightful system we live in, Goldman has the right to call
software developed by its employees or contractors its property.
Taking money or property from those less rich or powerful than you
isn't typically a crime; it's normal operating procedure.
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