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A former Morgan Stanley VP is set to appear in court on July 21 on 43 counts involving the theft of about $2.5 million. Goldman Sachs has brought charges against a former vice president who allegedly swiped 32 megabytes of valuable trading code. How can you tell who is friend and who is foe within your own holding?


Contents

How A Morgan Stanley Exec May Have Committed the Perfect Ops Crime. Well, Almost.

Morgan Stanley’s VP of institutional securities Richard Garaventa Jr, is set to appear in court on July 21 on forty three counts of grand larceny, criminal possession of stolen property and falsifying business records in the theft of about $2.5 million over seven years.

Code Green: Goldman Sachs & UBS Cases Heighten Need to Keep Valuable Digital Assets From Walking Out The Door. Millions in Trading Profits May Depend On It.

Both Goldman Sachs and UBS have filed charges against former employees they allege stole proprietary computer code key to their high-speed trading programs, now the most tactical and strategic weapons on Wall Street.

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