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Episode details

World Service,28 Oct 2009,28 mins

Good Derivatives?

Business Weekly Archive

Available for over a year

A different view of those much abused financial gizmos, derivatives. The energy business National Grid tells Lesley Curwen that they use them everyday and contrary to popular belief, they make their business safer. But US academic Doug Elliott says the pain of regulation is worth it. Plus one man's tips on how to evade sanctions on Iran and Lucy Kellaway reveals her secret addiction - to praise. There's also a look at the world's most common type of business - the family firm. We examine the eternal drama of family owned companies - where love, loyalty and commercial life collide. Ernest Antoine Seilliere talks about his personal experience of running his family's firm and INSEAD Professor Randal Carlock tells us why training as a counsellor is useful when visiting family owned companies.

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