The SEC on Friday charged Goldman Sachs with fraud related to subprime mortgages. The Goldman share price plunged nearly 13% on huge volume, bringing the buoyant mood in equity markets to an abrupt halt.
In the video clip below, Dylan Ratigan and a panel debate whether the investigation into the corruption at Goldman will lead to a domino effect with other financial firms.
Source: The Dylan Ratigan Show, MSNBC, April 16, 2010.
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