In 2005, Berenstein and Vázquez determined an open spin chain Hamiltonian describing the one-loop anomalous dimensions of determinant-like operators corresponding to open strings attached to Y = 0 maximal giant gravitons. We construct the transfer matrix (generating functional of conserved quantities) containing this Hamiltonian, thereby directly proving its integrability. We find the eigenvalues of this transfer matrix and the corresponding Bethe equations, which we compare with proposed allloop Bethe equations. We note that the Bethe ansatz solution has a certain "gauge" freedom, and is not completely unique.1 nepomechie@physics.miami.edu 1 We have in mind here "long" operators. For operators of finite length, there are finite-size corrections [3,4,5].