Goldman Sachs Programmer Sentenced for Stealing Code

A former Goldman Sachs Group computer programer was sentenced to eight years in prison for stealing secret code used in the Wall Street bank's valuable high-frequency trading system. Sergey Aleynikov, was arrested by the FBI and charged in July 2009 with copying and removing trading code from Goldman before taking a new job at Teza Technologies LLC, a high-frequency trading startup firm in Chicago.