Commentaries

It’s all about Goldman

July 14, 2009

Markets are firmly fixed on what Goldman has to say about its second quarter results at 8:30 am. For those wanting a quick link to conference call info that starts at 11am, they can find it here. Meredith Whitney’s buy recommendation Monday has certainly built in expectations for a bumper quarter.

Chez Sergey

July 13, 2009

Earlier today, my Reuters colleague Steve Eder posted about his journey Sunday to the New Jersey mansion of alleged Goldman Sachs trading code thief Sergey Aleynikov. And what a home it is.

Goldman’s “True Blood” moment

July 13, 2009

matthewgoldstein-Matthew Goldstein is a Reuters columnist. The opinions expressed are his own.-

Goldman Sachs CEO Lloyd Blankfein has an image problem on his hands.

The most ardent critics of his firm are likening it to a blood-sucking vampire, while others simply see the Wall Street investment bank as a greedy and ruthless financial titan. But there is a way for Blankfein to start turning public opinion around, and that involves a quick buyout of ailing mid-market lender CIT Group, which provides financing to some retailers, manufacturers and aviation operators.

Meet Jason, a former Sergey colleague

July 12, 2009

Jason is one of the more than 100 programmers working on the secret sauce code that drives Goldman Sachs’ automated trading systems–also known as high-frequency trading.

Goldman should disclose more

July 10, 2009

Goldman Sachs doesn’t report second-quarter earnings until Tuesday, but some Wall Street analysts aren’t waiting to sing the giant investment firm’s praises.

Citadel joins the Sergey fray

July 9, 2009

Ken Griffin’s Citadel Investment Group just filed a lawsuit against former top trader Misha Malyshev for apparently violating a non-compete agreement he signed when leaving the big Chicago hedge fund earlier this year. Malyshev, of course, is the founder of Teza Technologies, an upstart high-frequency trading hedge fund that hired away alleged Goldman Sachs code-cracker Sergey Aleynikov.

Is Goldman Sachs evil?

July 7, 2009

Is Goldman Sachs really a “vampire squid wrapped around the face of humanity”?

Sergey in the land of Tony

July 7, 2009

So it seems alleged Goldman Sachs code breaker Sergey Aleynikov doesn’t live in the tiny town of Little Falls, NJ as every one thought. It appears Aleynikov and his wife still own a house in Little Falls but it’s up for sale and vacant.

Sergey and Misha

July 7, 2009

The name of the Chicago firm that hired alleged Goldman code-cracker Sergey Aleynikov is out and it’s a name you’ve probably never heard of before. That’s because Teza Technologies LLC is a new firm–formed in May–by former Citadel Investment Group trader Misha Malyshev.

To catch a rogue quant

July 6, 2009

The case of a computer programmer accused of stealing the secret codes used in Goldman Sachs’ rapid-fire stock trading platform shows that even a titan of Wall Street can be caught napping at the switch.