Did someone try to steal Goldman Sachs’ secret sauce (source code)?

Re:Did someone try to steal Goldman Sachs’ secret sauce (sou... by smanek on Monday July 06, 2009 @01:21PM (#689999)

I don't know if they want to hype it that much. They are a publicly traded and looking unnecessarily weak could cause a huge unwarranted dip in their market cap (which they have a fiduciary responsibility to prevent).

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Re:Did someone try to steal Goldman Sachs’ secret sauce (sou... by jonknee on Monday July 06, 2009 @01:38PM (#690042)

Maybe they have already shorted their own shares.

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Re:Did someone try to steal Goldman Sachs’ secret sauce (sou... by eru on Monday July 06, 2009 @02:13PM (#690135)

That would be the same as putting more of their shares on the market. (Assuming they can always plug the short with newly created shares.)

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Re:Did someone try to steal Goldman Sachs’ secret sauce (sou... by quizbiz on Monday July 06, 2009 @04:41PM (#690412)

I have always wondered if brokers are allowed to trade stocks of their own firm.

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Re:Did someone try to steal Goldman Sachs’ secret sauce (sou... by dandelany on Monday July 06, 2009 @06:05PM (#690529)

Yes, as long as they do so based solely on material, public information and report all transactions to the SEC.

Obviously, this is nearly impossible to police.

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