DealBook: Ex-Goldman Sachs Programmer Found Guilty in Split Verdict

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Friday, May 1, 2015
TOP STORY
Sergey Aleynikov, left, a former Goldman Sachs programmer, and his lawyer, Kevin Marino, leave State Supreme Court in Manhattan last week.

Ex-Goldman Sachs Programmer Found Guilty in Split Verdict Sergey Aleynikov was convicted on a charge of stealing confidential computer trading code from his former employer.

For the latest updates, go to NYTimes.com/DealBook
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DEALBOOK HIGHLIGHTS
The swimmer Michael Phelps exemplifies the striving for value.

Life@Work: The Enduring Hunt for Personal Value Once our basic needs are met, human beings arguably crave a sense of worthiness above all else.

Trian Fund Management, led by Nelson Peltz, has put forward four nominees for DuPont's board.

Deal Professor: DuPont's Battle With Nelson Peltz May Confound Shareholders The proxy advisory firm I.S.S. has endorsed Mr. Peltz, a setback for DuPont, but both sides make an compelling argument.

In Debt: What to Do When a Large Financial Failure Starts With a Bank There is a potential problem with orderly liquidation authority when it comes to depository banks.

Last year, a supplier to Yum's KFC franchise in China was caught using rotten and expired meat.

Daniel Loeb Takes Stake in Yum Brands The hedge fund billionaire says the owner of KFC is "turning the page" on its troubles in China.

Lloyds Banking Group Profit Slides 19% on TSB Sale The British lender took a pretax charge of $1.15 billion in the first quarter related to its sale of TSB Banking Group, which it spun off last year.

Breakingviews: Bitcoin Comes Out of the Shadows and Into Wall Street's Sights Why Goldman's investment in a Bitcoin start-up is a sign of a pivotal change.

Another View: The Philosophy of Warren E. Buffett The investor's Berkshire Hathaway shows how intangible values like thrift and autonomy can translate into economic gain.

Buzz Tracker
The venture capital firm led by Marc Andreessen has a pro-talent stance that attracts tech founders but can make returns relatively modest.

Andreessen Horowitz, Deal Maker to the Stars of Silicon Valley The venture capital firm operates much like a Hollywood talent agency, and in the process it has the potential to inflate a technology bubble.

LOOKING AHEAD

Berkshire Hathaway Meeting On Saturday, more than 40,000 Berkshire Hathaway shareholders will descend on Omaha for the annual meeting of the company, which is celebrating its 50th anniversary. The gathering is known as Woodstock for Capitalists. Warren E. Buffett, Berkshire's chairman and chief executive, and Charles T. Munger, its vice chairman, take questions for more than six hours, and their answers often make news.

Likely hot topics include the company's recent investment in Kraft, its stakes in IBM and Coca-Cola, the debate around companies' buying back their own shares and, a perennial favorite, succession planning.

For the latest updates, go to NYTimes.com/DealBook
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Quotation of the Day
"A wild thing."
Kevin Marino, a lawyer for Sergey Aleynikov, on the case against the former Goldman Sachs programmer.