Forex Blog

April 20, 2010

Days After SEC Announces Investigation, Goldman Earns Huge Profit

Just days after Friday’s bombshell announcement that the SEC was investigating Goldman Sachs for its derivatives sales, the Wall Street investment firm announced it earned $3.46 billion in profit for the first quarter of 2010. This is nearly double last year’s Q1 profit of $1.8 billion.

Source: BBC News

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