Fabrice Tourre
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Questions after 'Fabulous Fab' found liable of fraud

2 August 2013 Last updated at 11:20 BST

Former Goldman Sachs trader Fabrice Tourre, self-dubbed "Fabulous Fab", has been found liable on six counts of fraud by a New York jury.

He was found liable over his role in investments linked to subprime mortgages that saw Goldman's clients lose $1bn (£661m).

However, there are questions about why a relatively junior trader is one of the few people to have faced a trial over the crisis.

Samira Hussain reports.