NEW YORK (AP) - Goldman Sachs is still the king of Wall Street - at least when it comes to making money.
Four days after being accused by the government of fraud in the subprime mortgage mess, the big investment bank reported blowout first-quarter profits Tuesday of $3.3 billion.
Goldman spent the day defending itself against the Securities and Exchange Commission's charges and saw its troubles mount:
• Britain's financial regulator began an investigation into the bank's London-based international operations.
• Investors brushed off the eye-popping earnings and sent Goldman's stock falling more than 2 percent.