Links to the above because it’s hard to read. http://www.dailykos.com/storyonly/2009/7/7/750786/-Incredibly-Shrinking-Liquidity-as-Goldman-Flushed-Quant-Trading http://market-ticker.denninger.net/archives/1192-FLASH-Goldman-Code-Theft-BOMBSHELL.html
Check out this excellent summary as well on Zero-hedge http://zerohedge.blogspot.com/2009/07/is-case-of-quant-trading-industrial.html Crazy what this guy did, encrypt 32 MB of source code, upload to a web site 5 days before you leave GS for a job paying you 3 times your salary. That’s an ethical violation to say the least 
… also make sure to check his Linked-In page http://www.linkedin.com/in/aleynikov
I would totally remove my recommendation for that guy… he has 5
Check this out - Bloomberg.com: " It wasn’t just Goldman that faced imminent harm if Aleynikov were to be released, Assistant U.S. Attorney Joseph Facciponti told a federal magistrate judge at his July 4 bail hearing in New York. The 34-year-old prosecutor also dropped this bombshell: “The bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways.” " Right, and what does that tell you about Goldman then … ?
> Not sure what made them stronger in math and > programming, but I remember buying some cheap > translated Russian textbooks when I was in > undergrad (at about 5% of the price of the > equivalent American textbook ) and there was no > connection to what you would generally find in a > typical American style textbook. You know how > american style textbook show you every step needed > to solve a problem and have nice pictures, many > examples, … to make learning easier. The Russian > books are the exact opposite, they show you the > main points and you have to figure out what > happened in the middle, I had to work hard just to > understand what the book is trying to explain. I’m > glad I can afford American books now > > Seriously these guys generally combine the work > ethics of the Asians plus the out-of-the-box > mentality of the Americans, so you get someone who > has ideas and is willing to work hard to implement > them. Pretty interesting theory, mo. It seems to fit with what I’ve heard from other scientists–that the Russians are particularly good in the theoretical aspects of science and weaker in the practical side (due to a lack of modern lab equipment). If you have to invent half the textbook for yourself…