Goldmans Woes Cause Wider Pain Among Bank Stocks

Bank Penny Stocks dropped like a rock following the SEC's bombshell fraud charges leveled at Goldman Sachs. The SEC says it "continues to investigate the practices of investment banks and others involved in the securitization of complex financial products tied to the U.S. housing market as it was beginning to show signs of distress.,Asian stock markets as investors mull strong GDP growth, monetary tightening Stock market ,what is Business ,what is Economic growth ,what is Stocks and Bonds ,what is Investing,Financial shares led the stock market sharply lower Friday after federal regulators filed civil fraud charges against Goldman Sachs over its dealings in the subprime mortgage market.,April 16 (Bloomberg) - ,what is Japanese Penny Stocks fell for the first time in three days as U.S. jobless claims unexpectedly increased and China announced measures to cool its real-estate market, raising concern the global economic recovery will stall.,NEW YORK, April 16 (Reuters) ,what is U.S. Penny Stocks extended losses on Friday as shares of Goldman Sachs fell after the U.S. Securities and Exchange Commission said it charged the bank with fraud over subprime-related financial products.,April 16 (Bloomberg) - ,what is Chinas Penny Stocks fell, extending declines to a second week, on concern the government will take stronger measures to slow the worlds fastest-major growing economy.,Thailands Penny Stocks fell, driving the benchmark index to a one-month low, after the government said the nations deadliest political clash in two decades is expected to undermine growth.,Stocks fell Friday after Google's profit failed to impress investors and a new housing report showed that the industry continues to struggle.,April 16 (Bloomberg) - ,what is Treasuries headed for a two-week gain as Penny Stocks fell and Federal Reserve Bank of San Francisco President Janet Yellen said inflation is subdued.,Financial Penny Stocks fall as SEC accuses Goldman with fraud over subprime mortgage market dealingsPenny stocks