Ex-Goldman employee wants firm to pay $7m legal bill

Goldman Sachs Blink

Sergey Aleynikov only wants 35 minutes of Goldman Sachs Chief Executive Lloyd Blankfein’s time.

The New York Post reports that the Wall Street powerhouse faced off against its former computer programmer in a Delaware court on Thursday in at least its fourth try to keep from footing Aleynikov’s roughly $7m legal bill.

The New Jersey computer whiz, a former Goldman vice president, was twice acquitted — once by a federal court jury and then by a Manhattan state court jury — of criminal charges that he stole code from the bank in 2009 and has been trying for years to get the bank to pay his mounting legal bills.

For Aleynikov, the bills are staggering — but for Goldman, the cash amounts to about 35 minutes of its 2015 revenue of $35.7bn.

To access the complete New York Post article hit the link below:

Ex-Goldman programmer wants bank to pay $7M legal bill

Citigroup adds 1,000 workers in Florida to cut costs

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts