COLUMN-A Goldman trading scandal?
While the case is still unfolding, there is more information to unearth about Aleynikov. For instance, it appears that he and his wife are competitive ballroom dancers--there are videos of them on YouTube.com.
Many questions remain. Which Chicago firm hired Aleynikov? The job he took in Chicago, according to the criminal complaint, paid nearly three times more than his $400,000 salary at Goldman.
Also there's more to learn about anyone who might have been helping him and the fallout the case may have for Goldman. When he was arrested, Aleynikov told the FBI he "only intended to collect 'open source' files on which he had worked, but later realized that he had obtained more files than he intended."
Quick, get this guy a good lawyer.
One question investors need to ask is whether this incident will have any impact on Goldman's second-quarter earnings. The alleged wrongdoing by Aleynikov took place at the beginning of June--although it's not clear if it had any material impact on automated trading.
(Editing by Jeffrey Cane, Martin Howell)
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