Goldman charged with fraud

Wall Street giant accused of defrauding investors over mortgage securities.

Goldman Sachs building

The US government has charged the investment bank Goldman Sachs with fraud.

Markets in the US fell sharply as a result.

Goldman and one of its vice presidents are accused of misleading investors when selling mortgage securities back in 2007.

Al Jazeera’s Cath Turner reports from New York.

Source: Al Jazeera