April 16, 2010 -- Goldman Sachs shares tumbled Friday after the SEC charged the broker with fraud related to its sale of subprime mortgage-backed securities. TheStreet
's coverage and commentary appears below:
News: April 16, 2010
>> Goldman Charged With Fraud by SEC
Goldman Sachs shares tumbled Friday after the SEC charged the broker with fraud related to its sale of subprime mortgage-backed securities.
>> Dow Closes Down 126 Points After Goldman Fraud Charge
Stocks ended the week deeply in negative territory after the SEC charged Goldman Sachs with defrauding investors in its marketing and structuring of a CDO related to subprime mortgages.
>> Goldman Sachs Sinks Gold Prices
The gold price was slipping Friday as investors traded out of riskier assets and into the US dollar.
>> Goldman Goes On the Attack
Goldman Sachs issued a detailed statement late Friday seeking to refute SEC fraud charges related to its sale of a CDO packed with subprime mortgage-backed securities.
>> A Primer on Paulson & Co.
John Paulson was in the headlines Friday after the hedge fund he founded was named in the SEC's complaint against Goldman Sachs.
>> Obama Delivers Goldman's Head on a Platter
Senior writer Dan Freed says the SEC's charges against Goldman Sachs show President Obama has finally gotten his regulators to squeeze Wall Street.
>> RealMoney Weighs In on Goldman Fraud Charges
Here's the reaction to the Goldman Sachs fraud charges from some of our commentators on RealMoney.
>> Goldman Charges Cast Cloud
The rally in bank stocks has been snuffed out by the SEC's fraud charges against Goldman, leaving investors to ponder a fresh round of regulatory uncertainty.
>> Goldman Letter Smells Like Fear
Senior writer Dan Freed says, if you read between the lines of Goldman Sachs' annual letter, you'll discover evidence that even Wall Street titans get scared sometimes.
>> Cramer: SEC Case Against Goldman Is Weak but Impetus to Sell Is Strong
Sorry, the Goldman Sachs paper called into question by the SEC fraud charges didn't come with a guarantee -- investors had to do due diligence.
Videos: April 16, 2010
>> Stock Wrap: The Real Story, April 16
>> Goldman Saw SEC Coming
>> Buy Goldman on the Dip