Breakfast

A year ago, pundits believed the emerging credit crunch would be isolated to the US sub-prime mortgage market. But it's now spread far beyond the American housing sector to cause turmoil across global financial markets. In Australia, it's bumped up our mortgage rates, sent bank stocks plummeting, and hit super funds with their biggest losses in two decades. It will have far-reaching consequences for the real economy.

Guests

Satyajit Das
Former derivatives trader and author

Publications

Title: Traders, Guns & Money
Author: Satyajit Das
Publisher: Financial Times

Reporter

Breakfast Business Editor, Sheryle Bagwell

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