GlobalPulse: Top 3 News Events of the Week

1. United States: SEC vs. Goldman Sachs Fraud Scandal – Today, the Securities and Exchange Commission charged Wall Street’s esteemed firm, Goldman Sachs, with defrauding investors. According to SEC, Goldman did not reveal that one of its clients helped create and then bet against a security that was sold to its investors. This allegation has taken serious hits on Goldman Sachs, as its shares have fallen more than 13 percent by midday trading. To learn more about the SEC, Goldman Sachs faceoff visit: http://www.forbes.com/feeds/ap/2010/04/16/general-financials-us-sec-goldman-sachs-charged_7521676.html 2. Europe: Volcanic Eruption Strands Travelers – Iceland’s Laki volcano erupted, sending clouds of ash into the atmosphere which heavily impairs air travel. Apparently, the clouds of ash can damage air…