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Former Citadel High Frequency Head Terrified Of Porn, Not Prosecutors

High frequency trading.jpgHeads of high frequency trading desks have a lot of top secret, propriety information on their mini super-computers at work. Statistical arbitrage models sit there as the potential door to lightening quick profits. But when Mikhail Malyshev, the former head of Citadel’s high-frequency trading group, started dropping napalm on his hard drive before taking off for his new firm, Teza Trading, it wasn’t to destroy any evidence of stolen files. No, Malyshev was trying to prevent people from making a far more terrifying discovery about another high frequency pursuit of his.

During a hearing yesterday, Malyshev admitted that he had used scrubbing software on his computer to irretrievably delete some files. But he told Citadel lawyer Brian Sieve that “it was not my intent to destroy evidence related to this case.” Malyshev said he was simply trying to remove any trace of adult videos he didn’t want discovered, despite the fact that his lawyers had reached an evidence-preservation accord with the judge earlier that day

Ex-Citadel Exec. Sued By Hedge Fund Admits Destroying Computer Files [FINalternatives]

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69 Responses to “Former Citadel High Frequency Head Terrified Of Porn, Not Prosecutors”

  1. guest says:

    Nice one, Greg.
    A picture of a babe might have kicked this up a notch, though.
    Keep up the good work.

  2. guest says:

    Traders love tentacle rape videos. Its a fact. Look it up.
    samwell

  3. guest says:

    CNBC was confused by the big magnet I schlepped into the office on my last day, but “Benji’s Big Day Downtown” was too risky not to tackle (in more ways than one – :) – natch).
    – Dennis Heel

  4. guest says:

    not falling for that one.
    -kg

  5. guest says:

    Is porn better on a super-computer?

  6. guest says:

    Malyshev,
    You retard, if you’re reading this, please return my copy of “She Goes Cuckoo for Cocoa Studs” DVD.
    –Greg’s Mom

  7. adam sender says:

    now do you guys get why I need 53 screens and lube on my desk?
    http://dealbreaker.com/2007/12/a-serious-question.php

  8. Olive Blakok says:

    Greg-
    Don’t come in come in my ovaltine and tell me its a money shot.
    Grandma Michaels

  9. guest says:

    Greg, will you you gum me where the pampers is?
    Grandma “Slanket” Michaels

  10. guest says:

    Greg –
    Your writing obscene, but not in a good porn way. Wapner. Try and find another calling. Wapner.
    Rain Man

  11. guest says:

    What what?

  12. one says:

    Don’t worry Mikhail, they’ll never catch you.
    – Roman Polanski

  13. guest says:

    Greg –
    I am going to use your mouth as a jizz cup.
    CG

  14. guest says:

    Is “slore” a Ghost-busters reference?

  15. guest says:

    High frequency ‘bating

  16. guest says:

    what happened to that midget who runs a hedge fund with million monitors?

  17. guest says:

    it moved.
    a lot.

  18. guest says:

    I bet his keyboard resembled a painter’s radio.
    -Shooter McGavin

  19. guest says:

    @15 I’d have gone with High Frequency pump and dump.

  20. guest says:

    Dis is why I always take my personal laptop to work wit’ me.
    -CG

  21. guest says:

    @16 you mean the one who left comment 7?

  22. guest says:

    Goddammit, Greg. Lightening is making something less dark. Lightning is what I am going to call down from the heavens to kill you in your sleep.
    -JM

  23. guest says:

    @22 thats all wrong man. It’s supposed to be mildly annoying, not fatal or egregious. Like this.
    Greg, I am going to sneak into DB HQ and take a stick of RAM out of your computer, making it run ridiculously slow.

  24. guest says:

    Greg,
    I’m going to flood your inbox with anti-Obama spam, and forward said emails to 300+ recipients without removing your full email address.
    -Eccentric Uncle Larry Michaels

  25. guest says:

    @23 Fine, but I still prefer just fixing the problem.
    Goddammit, Greg. Lightening is making something less dark. Lightning is what I am going to call down from the heavens to fry your DVR 45 minutes into this week’s episode of Grey’s Anatomy. You will want to know how it ended but you will be too ashamed to ask anyone.

  26. guest says:

    This was a good post. Why the hate?

  27. guest says:

    @26
    23 here. You’re actually right. I just don’t like to see Jeff-Macke-doing-annoying-little-things-to-Greg jokes fall flat on their face.

  28. Investorcluzo says:

    @26 – agreed. this was a half decent post, exceptionsl by GM standards. but it’s not hate, it’s love. I mean, there are some really funny posts here. btw, bess, we know you’re feeding him lines…

  29. Eliot S. says:

    As a former prosecutor, I can tell you these creeps are always hiding something. Book ’em and throw away the key.

  30. CoveredLong says:

    @25 – Nicely done…you are the Greg of commenters…sucky at first, but starting to redeem yourself. Keep on keeping on…

  31. guest says:

    i actually chuckled out loud when i read your first paragraph. well done greg. and on a friday too. extra points.

  32. guest says:

    Did someone say high frequency porn browsing? The SEC is already expert in this matter.
    “The investigation revealed that while using his SEC computer during 17 working days, the employee received approximately 1,880 access denials for Internet websites classified by the SEC’s Internet filter as pornography.”
    http://www.sec-oig.gov/Reports/Semiannual/2009/semiapr09.pdf

  33. guest says:

    not bad for gaming the system…
    http://online.wsj.com/article/SB125444025346057763.html
    High-Frequency Gain: Citadel Unit’s $1 Billion

  34. Edgar Perez says:

    Golden Networking is organizing High-Frequency Trading Experts Workshop 2010 (http://www.HFTExpertsWorkshop.com), “Practical Implementation of High-Frequency Trading Strategies”, 2-day workshops in Hong Kong, November 22 & 23 and New York, December 9 & 10. It has been recommended for executives in finance and investments who work at Investment Banks, Hedge Funds, Pension Funds, Broker Dealers, Consultancy Groups, Prime Brokers, Solution Providers and Exchanges and wish to gain a thorough understanding and practical knowledge of high-frequency trading.

  35. […] state, in appropriate language, what I believe they meant to make criminal in the EEA.”[Image via Dealbreaker.com]Related Postsnot related posts.Delicious Stumble digg Reddit Mixx Twitter SubscribeLeave a Reply […]

  36. AlPvuv Thanks again for the article.Really thank you!