Financial Trend Forecaster

Goldman Sachs Group this week reminded everyone why it is one of the biggest names on Wall Street.

The firm’s first-quarter earnings, released Tuesday, show Goldman netted nearly $3.5 billion. This comes just days after the Securities and Exchange direction sued Goldman for fraud, putting the firm on the defense.

Goldman is a polarizing force on Wall Street. Depending on whom you ask, it’s a firm of geniuses … or maybe evil geniuses. No matter, Goldman has been wildly successful. It took plenty of risks and emerged from the financial crisis stronger than ever. And now the firm is striking back against the SEC’s charges. Continue reading →