Re: Programmer Charged with thieft (maybe off topic)

[Shmuel Metz (Seymour J.)]

In
,
on 12/29/2010
   at 08:54 AM, "Chase, John"  said:

>Casinos have rules.

 1. Never give a sucker an even break

 2. Take the money and run

 3. The house always wins.

 4. If there is inadvertently an element of skill in a game that
we advertise as a test of skill, playing skillfully is theft.

Google for "counting" if you believe that casinos are ethical.
 
-- 
 Shmuel (Seymour J.) Metz, SysProg and JOAT
 ISO position; see  
We don't care. We don't have to care, we're Congress.
(S877: The Shut up and Eat Your spam act of 2003)

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Re: Programmer Charged with thieft (maybe off topic)

[Rick Fochtman]

--
Also, I would like to see that you can't buy a commodity without taking 
delivery. They drove the crude prices up to $100 a barrel in 2008 
despite oil tankers unable to load due to the storage tanks being full.

---
That could be a very messy proposition. As a kid, I knew of a local 
"guy" who actually took delivery. Since he couldn't arrange appropriate 
storage, he would up with 1,000 tons of raw sugar dumped in his yard. 
Made for a very "sticky" situation and for him, very embarassing as 
well.  :-) He was the laughing stock of the town for many months 
thereafter. Real "knee-slapper".


Rick

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Re: Programmer Charged with thieft (maybe off topic)

[Anne & Lynn Wheeler]

hal9...@panix.com (Robert A. Rosenberg) writes:
> Such as you are not allowed to use a skill to win their games when you
> are playing against them.
>
> IOW: In Poker against other players it is ok to use your skill at the
> game. Card Counting to keep track of what cards have been dealt is
> banned when playing Blackjack/21.

when I was undergraudate at the univ. ... the datacenter got a new head
... happened to have been a graduate student of & part of the team that
went to Las Vegas to demonstrate the techniques ... and then had
lifetime ban from playing at their tables.

in the case of greed and my reference to 30yr old case of industrial
espionage and theft of (DASD) trade screts, the judge effectively said
that individuals can't be held accountable for stealing extremely
valuable items if insufficient countermeasures have been taken
("security proportional to risk") ... analogy is minors and swimming
pools w/o fences (owners can be held responsible for any drownings,
people & greed are no more responsible than minors and swimming pools).

early in the days of SOX there was big deal made that the (onerous)
additional auditing would prevent most of the public company fraudulent
reporting ... along with SEC oversight and the additional provisions for
sending executives to jail.

GAO reports shows that there has been actual increase in fraudulent
reporting after SOX ... with apparently little SEC oversight and nobody
sent to jail.

There have been a few multi-hundred million fines reported ... but it
had little effect on the individuals or corporations involved, i.e. 1)
low probability of fine or other punitive action, 2) individuals getting
multi-hundred million compensation didn't have to return the money (or
go to jail), and 3) many cases corporations involved multi-hundred
billions ... so even in the rare cases of a fine ... the fine could be
considered a very small percent cost of doing business.

There have been jokes about "RICO" may be necessary, in combination with
high precentage of activity actually being prosecuted ... i.e. executives 
actually going to jail and three times the money involved be confiscated
(instead of a rare cases involving fines that are very small percentage
of the actual money).
http://en.wikipedia.org/wiki/Racketeer_Influenced_and_Corrupt_Organizations_Act

of course when they are systemic important, too-big-to-fail institutions
... that the gov. is already leaning over backwards to keep afloat, it
can become awkward i.e. the four largest had aggregate $5.2T in toxic
assets being held "off-books", a few deals with several tens of billions
had gone for 22 cents on the dollar; TARP wouldn't have dented the
problem ... so they had to re-purpose the TARP funds; after a lot of
legal action, FEDRES has recently been forced to divulge some of what it
has been doing, including quitely buying up these toxic assets at
98cents on the dollar. recent post
http://www.garlic.com/~lynn/2010p.html#17
mentioning old article about the $5.2T (toxic assets held "off-book")
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=akv_p6LBNIdw&refer=home
and some of the recently divulged FEDRES activity
http://www.csmonitor.com/USA/2010/1201/Federal-Reserve-s-astounding-report-We-loaned-banks-trillions

there was recently some cases of DEA following money trail (used to buy
planes involved in drug smuggling) to some of these too-big-to-fail
institutions. Rather than throwing the executives in jail and shutting
down the institutions (for criminal activity), they effectively asked
the institutions if they would please stop. recent post
http://www.garlic.com/~lynn/2010m.html#24

a few of the news items:

Banks Financing Mexico Gangs Admitted in Wells Fargo Deal - Bloomberg
http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html
Wall Street Is Laundering Drug Money And Getting Away With It
http://www.huffingtonpost.com/zach-carter/megabanks-are-laundering_b_645885.html?show_comment_id=53702542
"Too Big to Jail" - How Big Banks Are Turning Mexico Into Colombia
http://www.taipanpublishinggroup.com/tpg/taipan-daily/taipan-daily-080410.html
Banks Financing Mexico Drug Gangs Admitted in Wells Fargo Deal
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/06/28/bloomberg1376-L4QPS90UQVI901-6UNA840IM91QJGPBLBFL79TRP1.DTL


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Re: Programmer Charged with thieft (maybe off topic)

[Robert A. Rosenberg]

At 08:54 -0600 on 12/29/2010, Chase, John wrote about Re: Programmer 
Charged with thieft (maybe off topic):



 > -Original Message-

 From: IBM Mainframe Discussion List On Behalf Of John McKown

 What? You don't like the stock market being just another casino?


[ snip ]

Umm. . .  Casinos have rules. . . .


Such as you are not allowed to use a skill to win their games when 
you are playing against them.


IOW: In Poker against other players it is ok to use your skill at the 
game. Card Counting to keep track of what cards have been dealt is 
banned when playing Blackjack/21.




-jc-


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Re: Programmer Charged with thieft (maybe off topic)

[HUTCHISON Gregory]

Don't use incense, old white bad lungs. Don't like to get that way
either. 


Hutchison, Gregory A. 
Oregon DOT DMVIS
phone:503-945-7081 
fax:503-945-5220 
gregory.hutchi...@odot.state.or.us 


-Original Message-
From: IBM Mainframe Discussion List [mailto:ibm-m...@bama.ua.edu] On
Behalf Of John McKown
Sent: Tuesday, December 28, 2010 5:07 PM
To: IBM-MAIN@bama.ua.edu
Subject: Re: Programmer Charged with thieft (maybe off topic)

What? You don't like the stock market being just another casino? How
"unAmerican"! I totally agree. But "greed rules". There is no more
ethics in business other than "maximize profit". Workers don't matter.
Quality doesn't matter. As as long as you can con them, the consumer
(not to be considered a human being) doesn't matter. What matters is
profit. Period. Unless you're in government, where the bureaucracy and
politicians are what matters. People are just a nuisance. And if you
think things are bad now, just wait. My "retirement" plan is simply to
die. As many "liberals" would want because I am an "undesirable". Old,
white, educated, and ill. But I'm really off-topic. As is this entire
thread now. I'm sure somebody will become incensed with me. Too bad.

On Tue, 2010-12-28 at 17:14 -0600, Mike Schwab wrote:
> I would like to see the day traders and market timers be put out of 
> business.  I would like to see that you place a buy order for a 
> certain price or lower, and a sell order for a certain price or higher

> for a defined period of time, then satify the orders during a certain 
> time period by sorting the prices and quantities and selling 
> everything at the same price for the amount that maximizes the number 
> of stocks sold.
> 
> Perhaps take orders during the day, process at night, or morning / 
> lunch and afternoon / sujpper cycle for 1:45 minutes then process 
> trades for 15 minutes around the clock.
> 
> Also, I would like to see that you can't buy a commodity without 
> taking delivery.  They drove the crude prices up to $100 a barrel in
> 2008 despite oil tankers unable to load due to the storage tanks being

> full.
> 
--
John McKown
Maranatha! <><

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Re: Programmer Charged with thieft (maybe off topic)

[Chase, John]

> -Original Message-
> From: IBM Mainframe Discussion List On Behalf Of John McKown
> 
> What? You don't like the stock market being just another casino? 

[ snip ]

Umm. . .  Casinos have rules. . . . 

-jc-

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Re: Programmer Charged with thieft (maybe off topic)

[Veilleux, Jon L]

Please refrain from political opinions on this list (As many "liberals" would 
want because I am an "undesirable". Old, white, educated, and ill.). You 
obviously don't know anything about what 'liberal's' stand for. 
I could say more but will hold my tongue and try to keep this civil.
Jon

-Original Message-
From: IBM Mainframe Discussion List [mailto:ibm-m...@bama.ua.edu] On Behalf Of 
John McKown
Sent: Tuesday, December 28, 2010 8:07 PM
To: IBM-MAIN@bama.ua.edu
Subject: Re: Programmer Charged with thieft (maybe off topic)

What? You don't like the stock market being just another casino? How 
"unAmerican"! I totally agree. But "greed rules". There is no more ethics in 
business other than "maximize profit". Workers don't matter.
Quality doesn't matter. As as long as you can con them, the consumer (not to be 
considered a human being) doesn't matter. What matters is profit. Period. 
Unless you're in government, where the bureaucracy and politicians are what 
matters. People are just a nuisance. And if you think things are bad now, just 
wait. My "retirement" plan is simply to die. As many "liberals" would want 
because I am an "undesirable". Old, white, educated, and ill. But I'm really 
off-topic. As is this entire thread now. I'm sure somebody will become incensed 
with me. Too bad.

On Tue, 2010-12-28 at 17:14 -0600, Mike Schwab wrote:
> I would like to see the day traders and market timers be put out of 
> business.  I would like to see that you place a buy order for a 
> certain price or lower, and a sell order for a certain price or higher 
> for a defined period of time, then satify the orders during a certain 
> time period by sorting the prices and quantities and selling 
> everything at the same price for the amount that maximizes the number 
> of stocks sold.
> 
> Perhaps take orders during the day, process at night, or morning / 
> lunch and afternoon / sujpper cycle for 1:45 minutes then process 
> trades for 15 minutes around the clock.
> 
> Also, I would like to see that you can't buy a commodity without 
> taking delivery.  They drove the crude prices up to $100 a barrel in
> 2008 despite oil tankers unable to load due to the storage tanks being 
> full.
> 
--
John McKown
Maranatha! <><

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Re: Programmer Charged with thieft (maybe off topic)

[John McKown]

What? You don't like the stock market being just another casino? How
"unAmerican"! I totally agree. But "greed rules". There is no more
ethics in business other than "maximize profit". Workers don't matter.
Quality doesn't matter. As as long as you can con them, the consumer
(not to be considered a human being) doesn't matter. What matters is
profit. Period. Unless you're in government, where the bureaucracy and
politicians are what matters. People are just a nuisance. And if you
think things are bad now, just wait. My "retirement" plan is simply to
die. As many "liberals" would want because I am an "undesirable". Old,
white, educated, and ill. But I'm really off-topic. As is this entire
thread now. I'm sure somebody will become incensed with me. Too bad.

On Tue, 2010-12-28 at 17:14 -0600, Mike Schwab wrote:
> I would like to see the day traders and market timers be put out of
> business.  I would like to see that you place a buy order for a
> certain price or lower, and a sell order for a certain price or higher
> for a defined period of time, then satify the orders during a certain
> time period by sorting the prices and quantities and selling
> everything at the same price for the amount that maximizes the number
> of stocks sold.
> 
> Perhaps take orders during the day, process at night, or morning /
> lunch and afternoon / sujpper cycle for 1:45 minutes then process
> trades for 15 minutes around the clock.
> 
> Also, I would like to see that you can't buy a commodity without
> taking delivery.  They drove the crude prices up to $100 a barrel in
> 2008 despite oil tankers unable to load due to the storage tanks being
> full.
> 
-- 
John McKown
Maranatha! <><

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Re: Programmer Charged with thieft (maybe off topic)

[Anne & Lynn Wheeler]

mike.a.sch...@gmail.com (Mike Schwab) writes:
> Also, I would like to see that you can't buy a commodity without
> taking delivery.  They drove the crude prices up to $100 a barrel in
> 2008 despite oil tankers unable to load due to the storage tanks being
> full.

re:
http://www.garlic.com/~lynn/2010p.html#6 What banking is. (Essential for 
predicting the end of finance as we know it.)
http://www.garlic.com/~lynn/2010p.html#57 TCM's Moguls documentary series

i.e. commodity trading required that players had to have significant
interest in the commodity in order to play ... because speculators
resulted in wild irrational price swings ... then there were 19 "secret
letters" allowing specific entities to play.

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Re: Programmer Charged with thieft (maybe off topic)

[Mike Schwab]

I would like to see the day traders and market timers be put out of
business.  I would like to see that you place a buy order for a
certain price or lower, and a sell order for a certain price or higher
for a defined period of time, then satify the orders during a certain
time period by sorting the prices and quantities and selling
everything at the same price for the amount that maximizes the number
of stocks sold.

Perhaps take orders during the day, process at night, or morning /
lunch and afternoon / sujpper cycle for 1:45 minutes then process
trades for 15 minutes around the clock.

Also, I would like to see that you can't buy a commodity without
taking delivery.  They drove the crude prices up to $100 a barrel in
2008 despite oil tankers unable to load due to the storage tanks being
full.

-- 
Mike A Schwab, Springfield IL USA
Where do Forest Rangers go to get away from it all?

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Re: Programmer Charged with thieft (maybe off topic)

[Chase, John]

> -Original Message-
> From: IBM Mainframe Discussion List On Behalf Of Rick Fochtman
>
--
--
> 
> 
> >Howard Brazee  writes:
> >
> >
> >>But it appears that the salary was normal.   Probably thought of as
a
> >>pittance to the people who think stock brokering is worth what they
> >>get.
> >>
> >>
> >
> >re:
> >http://www.garlic.com/~lynn/2010q.html#36 Programmer Charged with
thieft  (maybe off topic)
> >http://www.garlic.com/~lynn/2010q.html#37 Programmer Charged with
thieft  (maybe off topic)
> >
> >as previously referred to, high-speed computerized trading can turn
> >enormous profit (easily justifying the best people that money can
> >buy; easily being worth more than top sports players).
> >
> >
>

--
> Unfortunately, it can also result in enormous losses and subsequent
> economic upheaval.  :-(
> 
> Just look at your 401K or ROTH IRA and see what it's been doing over
the
> last 3 years!

Yeah. . . .  Mine's been following a Laffer Curve.  :-(

-jc-

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Re: Programmer Charged with thieft (maybe off topic)

[Anne & Lynn Wheeler]

rfocht...@ync.net (Rick Fochtman) writes:
> Unfortunately, averice (greed) is not a property limited to the middle 
> class. Bernie Madoff is a prime example of how greed engenders more greed.
>
> I submit that when the oppurtunity is presented, the temptation can be 
> overwhelming, even to the best of us. It takes a hard man indeed to 
> resist ALL temptations, no matter how momentous or trivial.

in congressional hearings into Madoff, the person, that had tried
(unsuccesfully) for a decade to get the SEC to do something about
Madoff, testified that while new regulations may be necessary, it is
much more important to have transparency and visibility ... somewhat
related to my prior post about being asked by NSCC to look at
improving the integrity of trading transactions:
http://www.garlic.com/~lynn/2010q.html#44 Programmer Charged with thieft  
(maybe off topic)

note that sarbanes-oxley, in the wake of enron ... specified increase in
audits of financial statements of public companies (and oversight by
SEC) ... possibly because GAO didn't think SEC was doing anything
... they started looking at such financial statements and found uptick
in fraudulent filings ... even after SOX ... recent post with (GAO) references
http://www.garlic.com/~lynn/2010q.html#31 Ernst & Young sued for fraud over 
Lehman

references about ENRON (leading up to SOX) with to Time article about
people responsible for recent financial mess (and ENRON mess)
http://www.garlic.com/~lynn/2010l.html#38 Who is Really to Blame for the 
Financial Crisis?

there were also fall2008 congressional hearings into pivotal role played
by rating agencies in the financial mess ... recent reference
http://www.garlic.com/~lynn/2010q.html#40 Ernst & Young sued for fraud over 
Lehman

at the time, there were comments that the rating agencies could
blackmail the federal gov to avoid punitive action with the threat of
downgrading the govs. credit rating.

note that SOX also had item having SEC look into the rating agencies
... but there was nothing except a SEC report reference to in the post
on blame for financial crisis.

The "blame" post also mentions that early 2009, I was asked to take the
recently scanned Pecora hearings (senate hearings into the Great
Depression), html'ize them with heavy indexes ... as well as URLs
between what happened then and what happened this time (apparently some
expectation that the new congress might have an appetite for doing
something similar). After putting quite a bit of effort into it, I got a
call that nobody was really interested after all.

with respect to greed and temptation ... recent post referencing 30yr old
legal action regarding industrial espionage and theft of (DASD) trade
secrets:
http://www.garlic.com/~lynn/2010q.html#25 Economic espionage discussed

slightly related post getting to playing computer security sidekick to
new CSO (one time had been head of presidential detail, long ago and far
away):
http://www.garlic.com/~lynn/2010q.html#3a The Great Cyberheist
similar post in (linkedin) IBM Alumni thread:
http://www.garlic.com/~lynn/2010q.htmL#8 Plug Your Data Leaks from the inside

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Re: Programmer Charged with thieft (maybe off topic)

[Scott Ford]

Not even surprised about this. Worked in NYC for 20+ yrs. I have a lot of 
'questionable' behavior.
Also worked in the Stock market also, thats not the place to be stealing from 
and expecting no be caught and/or punished. The SEC monitoring activity real 
closely.

I feel your work life is like your personal life, its all about values. 
 
Scott J Ford
 





From: Rick Fochtman 
To: IBM-MAIN@bama.ua.edu
Sent: Tue, December 28, 2010 3:28:20 PM
Subject: Re: Programmer Charged with thieft (maybe off topic)

-
They did not get quite the best thief that money could buy. Maybe if they were 
more concerned with quality rather than sheer profit, they might have gotten a 
more honest reliable programmer.

If they still have that opening, I can come up with a team of programmers for 
that amount, all considered very trustworthy by certain government agencies.
-
Unfortunately, averice (greed) is not a property limited to the middle class. 
Bernie Madoff is a prime example of how greed engenders more greed.

I submit that when the oppurtunity is presented, the temptation can be 
overwhelming, even to the best of us. It takes a hard man indeed to resist ALL 
temptations, no matter how momentous or trivial.

Rick

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Re: Programmer Charged with thieft (maybe off topic)

[Rick Fochtman]

-
They did not get quite the best thief that money could buy. Maybe if 
they were more concerned with quality rather than sheer profit, they 
might have gotten a more honest reliable programmer.


If they still have that opening, I can come up with a team of 
programmers for that amount, all considered very trustworthy by certain 
government agencies.

-
Unfortunately, averice (greed) is not a property limited to the middle 
class. Bernie Madoff is a prime example of how greed engenders more greed.


I submit that when the oppurtunity is presented, the temptation can be 
overwhelming, even to the best of us. It takes a hard man indeed to 
resist ALL temptations, no matter how momentous or trivial.


Rick

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Re: Programmer Charged with thieft (maybe off topic)

[Rick Fochtman]

 




Howard Brazee  writes:
 


But it appears that the salary was normal.   Probably thought of as a
pittance to the people who think stock brokering is worth what they
get.
   



re:
http://www.garlic.com/~lynn/2010q.html#36 Programmer Charged with thieft  
(maybe off topic)
http://www.garlic.com/~lynn/2010q.html#37 Programmer Charged with thieft  
(maybe off topic)

as previously referred to, high-speed computerized trading can turn
enormous profit (easily justifying the best people that money can
buy; easily being worth more than top sports players).
 


--
Unfortunately, it can also result in enormous losses and subsequent 
economic upheaval.  :-(


Just look at your 401K or ROTH IRA and see what it's been doing over the 
last 3 years!


Rick


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Re: Programmer Charged with thieft (maybe off topic)

[Anne & Lynn Wheeler]

tlk_sysp...@yahoo.com (Thomas Kern) writes:
> They did not get quite the best thief that money could buy. Maybe if
> they were more concerned with quality rather than sheer profit, they
> might have gotten a more honest reliable programmer.
>
> If they still have that opening, I can come up with a team of
> programmers for that amount, all considered very trustworthy by
> certain government agencies.

considering lots of the other stuff going on ... absolutely honesty
might not be a top requirement ... there was fair amount of obfuscation
and misdirection in the financial mess about computer software being
involved ... until the stories about business people were directing the
risk & computer people to fiddle the inputs until the business people
got the desired outputs (GIGO).

there is past folklore about large financial institution in manhatten
outsourcing y2k remediation to lowest bidder ... they didn't find out
until later that it was front for a criminal organization

there has been some amount about high-frequency trading with huge
amounts of other peoples money (available at zero or near zero cost)
... being able to rack up fraction of percent profit every day
... resulting in enormous annual profits. some of it may have also
involved illegal naked short selling (could almost be considered a form
of pump&dump ... but sort of in reverse). some of related discussion in
linkedin fraud groups:
http://www.garlic.com/~lynn/2010p.html#43 WikiLeaks' Wall Street Bombshell
http://www.garlic.com/~lynn/2010p.html#48 WikiLeaks' Wall Street Bombshell
http://www.garlic.com/~lynn/2010q.html#24 Ernst & Young sued for fraud over 
Lehman

I mentioned in the above that prior to NSCC & DTC merging, I had been
asked by NSCC to look at improving integrity of trading transactions.
After putting some amount of effort into the project, it was called off
with some comment that a side-effect of the integrity work would have
been significantly improved transparency and visibility (apparently not
a highly desired quality in the industry). The DTCC wiki page mentions
fight over making transaction details public ... which could possibly be
used to show illegal naked short selling.
http://en.wikipedia.org/wiki/Depository_Trust_&_Clearing_Corporation

one of referenced posts includes quote from 2008 KPMG survey that found
60% of employees in banking and finance industry personally observed
misconduct that "could cause a significant loss of public trust if
discovered" (a rate possibly twice that of other industries).

misc. other posts in the discussions
http://www.garlic.com/~lynn/2010q.html#28 Ernst & Young sued for fraud over 
Lehman
http://www.garlic.com/~lynn/2010q.html#29 Ernst & Young sued for fraud over 
Lehman
http://www.garlic.com/~lynn/2010q.html#31 Ernst & Young sued for fraud over 
Lehman

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Re: Programmer Charged with thieft (maybe off topic)

[HUTCHISON Gregory]

Perhaps Goldman prefers to be the only ones who manipulate the market
with that software.  


Hutchison, Gregory A. 
Oregon DOT DMVIS
phone:503-945-7081 
fax:503-945-5220 
gregory.hutchi...@odot.state.or.us 


-Original Message-
From: IBM Mainframe Discussion List [mailto:ibm-m...@bama.ua.edu] On
Behalf Of Anne & Lynn Wheeler
Sent: Monday, December 27, 2010 9:35 AM
To: IBM-MAIN@bama.ua.edu
Subject: Re: Programmer Charged with thieft (maybe off topic)

Howard Brazee  writes:
> But it appears that the salary was normal.   Probably thought of as a
> pittance to the people who think stock brokering is worth what they 
> get.

re:
http://www.garlic.com/~lynn/2010q.html#36 Programmer Charged with thieft
(maybe off topic)
http://www.garlic.com/~lynn/2010q.html#37 Programmer Charged with thieft
(maybe off topic)

as previously referred to, high-speed computerized trading can turn
enormous profit (easily justifying the best people that money can buy;
easily being worth more than top sports players).

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Re: Programmer Charged with thieft (maybe off topic)

[Thomas Kern]

They did not get quite the best thief that money could buy. Maybe if they were more 
concerned with quality rather than sheer profit, they might have gotten a more honest 
reliable programmer.


If they still have that opening, I can come up with a team of programmers for that amount, 
all considered very trustworthy by certain government agencies.


/Tom Kern

On 12/27/2010 12:34, Anne & Lynn Wheeler wrote:

Howard Brazee  writes:

But it appears that the salary was normal.   Probably thought of as a
pittance to the people who think stock brokering is worth what they
get.


re:
http://www.garlic.com/~lynn/2010q.html#36 Programmer Charged with thieft  
(maybe off topic)
http://www.garlic.com/~lynn/2010q.html#37 Programmer Charged with thieft  
(maybe off topic)

as previously referred to, high-speed computerized trading can turn
enormous profit (easily justifying the best people that money can
buy; easily being worth more than top sports players).



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Re: Programmer Charged with thieft (maybe off topic)

[Anne & Lynn Wheeler]

Howard Brazee  writes:
> But it appears that the salary was normal.   Probably thought of as a
> pittance to the people who think stock brokering is worth what they
> get.

re:
http://www.garlic.com/~lynn/2010q.html#36 Programmer Charged with thieft  
(maybe off topic)
http://www.garlic.com/~lynn/2010q.html#37 Programmer Charged with thieft  
(maybe off topic)

as previously referred to, high-speed computerized trading can turn
enormous profit (easily justifying the best people that money can
buy; easily being worth more than top sports players).

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Re: Programmer Charged with thieft (maybe off topic)

[Jim Wangler]

I guess they have an opening now?? I'd apply for that

Jim Wangler

214-502-6445
jim_wang...@osianainc.com

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Re: Programmer Charged with thieft (maybe off topic)

[Howard Brazee]

On 25 Dec 2010 23:06:40 -0800, ps2...@yahoo.com (Ed Gould) wrote:

>The programmer joined Goldman Sachs in May, 2007, and was paid an annual 
>salary of $400,000, according to records.He was apprehended after Goldman 
>Sachs noticed large amounts of data being uploaded from its servers via HTTPS 
>transfers. The uploads, 32 MB in total, were ultimately traced to Aleynikov's 
>workstation, the complaint stated.Prosecutors alleged that Aleynikov carried 
>out the theft between June 1 and July 3, 2008.
>>http://www.informationweek.com/news/storage/systems/showArticle.jhtml?articleID=228800187&cid=nl_IW_daily_2010-12-13_html<


My assumption before I followed the link was that he somehow hacked
his salary up to that amount, and was caught for making it
ridiculously height.

But it appears that the salary was normal.   Probably thought of as a
pittance to the people who think stock brokering is worth what they
get.

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Re: Programmer Charged with thieft (maybe off topic)

[Martin Packer]

Yeah, I tweeted about the "tears" typo. The funniest part of the whole 
thing. :-)

Martin Packer,
Mainframe Performance Consultant, zChampion
Worldwide Banking Center of Excellence, IBM

+44-7802-245-584

email: martin_pac...@uk.ibm.com

Twitter / Facebook IDs: MartinPacker





Unless stated otherwise above:
IBM United Kingdom Limited - Registered in England and Wales with number 
741598. 
Registered office: PO Box 41, North Harbour, Portsmouth, Hampshire PO6 3AU






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Re: Programmer Charged with thieft (maybe off topic)

[Anne & Lynn Wheeler]

oh ... and in the early 90s ... when we were doing ha/cmp product and
talking to some number of trading operations (including SIAC which ran
datacenter operations for NYSE) ... with respect to what would the
impact of an outage be. One computer in tall skyscraper in LA supposedly
earn more money in 24hr period than the aggregate annual salary of
everybody that worked in the bldg ... plus the annual lease on the
bldg. there was another instance when a trading operation had an
environmental outage and the NYSE traffic volume was down 1/3rd that
day.

misc. past posts mentioning ha/cmp
http://www.garlic.com/~lynn/subtopic.html#hacmp

I had coined the terms "geographic survivability" and "disaster
survivability" (to differentiate from disaster/recovery) when I was out
marketing ha/cmp. I had also been asked to write a section for the
"corporate continuous availability strategy" document ... however the
section got pulled after complaints from both Rochester and POK
(basically at the time, they weren't able to meet the
requirements). misc. past posts mentioning availability
http://www.garlic.com/~lynn/submain.html#available

semi-related ... misc. past posts mentioning assurance
http://www.garlic.com/~lynn/subintegrity.html#assurance

for a little other mainframe "available" topic drift ... long ago and
far away ... my wife had been con'ed into going to POK to be in charge
of loosely-coupled architecture ... while there she did peer-coupled
shared data architecture ... misc. past posts
http://www.garlic.com/~lynn/submain.html#shareddata

which, except for IMS hot-standby, saw very little uptake until sysplex.
Both because of the little uptake (focus on tightly-coupled
multiprocessing at the time) and constant battles with communication
group (insisting loosely-coupled operation needed to use SNA ...  there
were temporary truces where she could use anything she wanted within
walls of the datacenters ... but SNA had to be used for everything that
crossed walls of the datacenter) ... she didn't remain long in the
position.

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Re: Programmer Charged with thieft (maybe off topic)

[Anne & Lynn Wheeler]

joa...@swbell.net (John McKown) writes:
> Man, I will never get anywhere near that salary. Complaint was that he
> downloaded the source to a software system which did their trades. I
> guess to sell it to other companies. Or maybe to examine to see if any
> flaws could be exploited. The article doesn't say. The source code to
> which I have access wouldn't be worth the cost of transmitting it.
> Unless there is a big market for old COBOL code to be used as an example
> of how to __NOT__ code in COBOL. 

there were periodic past references that his job may have been to
develop the software ... used in high-speed trading ... wiki page
http://en.wikipedia.org/wiki/Sergey_Aleynikov

wiki references articals from july2009
http://www.guardian.co.uk/business/2009/jul/06/golman-sachs-computer-codes-stolen
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFeyqdzYcizc
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2GvteRoihQE

above references that typically there is very little information about
trading activities. for other topic drift ... recent thread about
efforts to try and obtain trading information (possibly in conjunction
with showing illegal naked short sales):
http://www.garlic.com/~lynn/2010p.html#43
http://www.garlic.com/~lynn/2010p.html#48

above is part of thread about possible future wikileaks involving large
financial institutions. to somewhat bring it back to mainframe ... this
discussion about past leakage issues involving corporate mainframe
(unannounced products) information (in linkedin ibm alumni group
discussion)
http://www.garlic.com/~lynn/2010q.html#4 Plug Your Data Leaks from the inside
http://www.garlic.com/~lynn/2010q.html#8 Plug Your Data Leaks from the inside
http://www.garlic.com/~lynn/2010q.html#18 Plug Your Data Leaks from the inside

and another corporate mainframe trade-secret theft discussion (in
linkedin financial crime risk, fraud and security group)
http://www.garlic.com/~lynn/2010q.htmL#25 Econimic espionage discussed

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Re: Programmer Charged with thieft (maybe off topic)

[J R]

"Sergei Aleynikov faces a sentence of up to 15 tears ..."  

Uh-oh, they're gonna make him cry!  


 
> Date: Sat, 25 Dec 2010 23:05:38 -0800
> From: ps2...@yahoo.com
> Subject: Programmer Charged with thieft (maybe off topic)
> To: IBM-MAIN@bama.ua.edu
> 
> The programmer joined Goldman Sachs in May, 2007, and was paid an annual 
> salary of $400,000, according to records.He was apprehended after Goldman 
> Sachs noticed large amounts of data being uploaded from its servers via HTTPS 
> transfers. The uploads, 32 MB in total, were ultimately traced to Aleynikov's 
> workstation, the complaint stated.Prosecutors alleged that Aleynikov carried 
> out the theft between June 1 and July 3, 2008.
> >http://www.informationweek.com/news/storage/systems/showArticle.jhtml?articleID=228800187&cid=nl_IW_daily_2010-12-13_html<
> 
  
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Re: Programmer Charged with thieft (maybe off topic)

[John McKown]

Man, I will never get anywhere near that salary. Complaint was that he
downloaded the source to a software system which did their trades. I
guess to sell it to other companies. Or maybe to examine to see if any
flaws could be exploited. The article doesn't say. The source code to
which I have access wouldn't be worth the cost of transmitting it.
Unless there is a big market for old COBOL code to be used as an example
of how to __NOT__ code in COBOL. 

On Sat, 2010-12-25 at 23:05 -0800, Ed Gould wrote:
> The programmer joined Goldman Sachs in May, 2007, and was paid an
> annual salary of $400,000, according to records.He was apprehended
> after Goldman Sachs noticed large amounts of data being uploaded from
> its servers via HTTPS transfers. The uploads, 32 MB in total, were
> ultimately traced to Aleynikov's workstation, the complaint
> stated.Prosecutors alleged that Aleynikov carried out the theft
> between June 1 and July 3, 2008.
> >http://www.informationweek.com/news/storage/systems/showArticle.jhtml?articleID=228800187&cid=nl_IW_daily_2010-12-13_html<
> 
> 
> 
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>   
-- 
John McKown
Maranatha! <><

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Programmer Charged with thieft (maybe off topic)

[Ed Gould]

The programmer joined Goldman Sachs in May, 2007, and was paid an annual salary 
of $400,000, according to records.He was apprehended after Goldman Sachs 
noticed large amounts of data being uploaded from its servers via HTTPS 
transfers. The uploads, 32 MB in total, were ultimately traced to Aleynikov's 
workstation, the complaint stated.Prosecutors alleged that Aleynikov carried 
out the theft between June 1 and July 3, 2008.
>http://www.informationweek.com/news/storage/systems/showArticle.jhtml?articleID=228800187&cid=nl_IW_daily_2010-12-13_html<



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