Goldman earns $3.3B in 1Q as fraud case looms

Traders work in the Goldman Sachs booth on the floor of the New York Stock Exchange Monday, April 19, 2010. (AP Photo/Richard Drew) (AP Photo/Richard Drew)

April 20, 2010 7:14:09 AM PDT
Goldman Sachs said Tuesday its first-quarter earnings almost doubled to $3.3 billion as its trading business again surpassed the rest of the financial industry. A top lawyer for the bank, which is facing civil fraud charges, said Goldman would "never intentionally mislead anyone."