Goldman Sachs (GS) was due to answer the Securities and Exchange Commission's fraud charges today. Instead, the investment bank just filed an agreement with the SEC giving Goldman until July 19 to answer.
Why the delay? Are the charges really so hard for Goldman to answer? Are settlement negotiations proving fruitful? Now, we'll have to wait another month to find out.
What is Short Selling?
Make a profit when stocks prices fall.View Course »