Goldman Sachs' Defence

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?

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18 minutes

Last on

Tue 20 Apr 2010 01:40 GMT

Business Daily Podcast

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