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

[smanek]

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).

[jonknee → smanek]

Maybe they have already shorted their own shares.

[eru → jonknee]

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.)

[quizbiz → jonknee]

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

[dandelany → quizbiz]

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.