itsjohntime

Date: Fri, 16 Apr 2010 12:01:06 -0400

GOLDMAN CHARGED WITH FRAUD OVER PAULSON CDO TRADE
The Securities and Exchange Commission on Friday charged Goldman Sachs
& Co. and one of its vice presidents for defrauding investors by
misstating and omitting key facts about a financial product related to
subprime mortgages.

GOLDMAN SHARES DROP 10% ON SEC CHARGES; BANKS FALL
Shares of Goldman Sachs and banks fall after the SEC announces fraud
charges against Goldman.

B. OF A. PROFIT FALLS, BEATS ESTIMATES
Bank of America Corp. reports a fall in its first-quarter profit
Friday, in part due to lower mortgage-banking activity.

U.S. STOCKS DIVE AFTER GOLDMAN CHARGED WITH FRAUD
U.S. stocks tumble Friday after the Securities and Exchange Commission
charged Goldman Sachs with civil fraud for misleading investors about
a financial product tied to subprime mortgages.