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Episode details

World Service,06 Feb 2010,28 mins

Going Against The Grain

Business Weekly Archive

Available for over a year

Informal traders and black market profiteers: do they represent the seamy side of business or capitalsim in its purest form? Toby Sheta, a Zimbabwean mobile phone trader, talks about how he had to apply "situational morality" to make money during the Mugabe regime. Jim Chanos is a legendary New York investor from Kynikos Associates who built his fortune by anticipating the collapse of Enron and other flawed corporations. He now foresees a crash in China's sizzling property market. Expectations have been high over President Obama's bank reforms. But will they work? Lesley Curwen asked Professor Martin Feldstein, a current member of Mr Obama's Economic Recovery Advisory Board, and Professor Tim Congdon former economic advisor to the British government.

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