Goldman code theft trial opens

Ex-programmer plotted for two months about stealing code for bank's trading platform says prosecutor

A former Goldman Sachs computer programmer plotted for two months before leaving the investment bank for a rival about how to steal the confidential source code for Goldman's high-frequency trading platform, a federal prosecutor said.

In his opening statement yesterday, Assistant US Attorney Joseph Facciponti said Sergey Aleynikov located a computer server in Germany that wasn't blocked by Goldman's firewalls and secretly uploaded portions of the code in the days before he left the investment bank.

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