Original version

BBC World Service Online

Business Daily

Factual: Money

The daily drama of money and work from the BBC.

Business Daily: Goldman Sachs' Defence

19/04/2010

Goldman Sachs' Defence

BBC World Service - Business Daily, Goldman Sachs' Defence

We look at Goldman Sachs' defence against fraud charges in the United States.

After the world's most successful investment bank Goldman Sachs was charged with fraud, we look at its defence. It denies the charges which involve the marketing of mortgage-linked investments.

Reverberations are still being felt after the shock news that the world's most successful investment bank, Goldman Sachs has been charged with fraud over the marketing of mortgage-backed investments.

The US regulator, the Securities and Exchange Commission alleges that Goldman Sachs failed to disclose crucial information about these investments.

Goldman Sachs denies the charges, saying they are unfounded in law and in fact. Lesley Curwen hears more about the bank's defence from the BBC's economics editor, Andrew Walker.

Plus the BBC's East Africa Correspondent Will Ross reports from the South of Sudan on its plans to cut back on food imports, by growing more of its own crops. 

And Lucy Kellaway muses on whether too many top businessmen are 'ugly mugs'. Do looks matter for male executives?

Accessibility links

Programme Index

Business Daily

Goldman Sachs' Defence

Genres

Brand

BBC World Service Online

About BBC World Service