If it came down to a vote, New York financial giant Goldman Sachs, accused of fraud, could be in trouble, a survey conducted by Argyle Executive Forum has found.

It was further said that Argyle did not release the size of the polling sample but said a recent survey of business leaders found 55.2 percent of respondents indicated they felt Goldman Sachs was guilty.

It would contest the charges filed by the Securities and Exchange Commission Friday that say the bank sold mortgage-backed securities designed to fail, as they were picked by a hedge fund manager who was betting against the housing market, Goldman has said.

The hedge fund manager, John Paulson, was not involved in selecting the securities investments, Goldman executives said on Tuesday.

According to the reports, in the survey, 20.7 percent of the respondents indicated they felt Goldman to be innocent. It was indicated by the remaining 24.1 percent that they were unsure. (With Inputs from Agencies)