Goldman Sachs Fraud Crushes Financial ETF (XLF)

Investors had expected this week to be all about earnings reports. And for the first four days it was, with several bellwether firms reporting first quarter results that ranged from disappointing (Google) to impressive (Intel). But the earnings season successes and failures were overshadowed on Friday morning when the Securities & Exchange Commission charged Goldman [...] Related Stories: Goldman Sachs Looks To Enter ETF Industry Financial ETFs Under Fire As Derivatives Showdown Heats Up Will Financial ETFs Ride M&A Wave Higher?