Breakfast

The global financial crisis has hit few industries harder the investment banking sector. Big Wall Street names have either fallen or been taken over. Those still standing are shedding jobs at a rate of knots. Australia's own global player, Macquarie Group, has also taken a hit; yesterday it reported its half year profits were down 43 per cent to just over $600 million. But despite massive write-downs on its assets, the 'millionaires factory' appears to be surviving the credit crunch better than most of its rivals.

Guests

Jim Awad
Managing Director, Zephyr Management

James Chessell
Editor, financial services, the Australian Financial Review

Nicholas Moore
Managing Director, Macquarie Group

Stephen Mayne
Founder, crikey.com

Reporter

RN Breakfast Business Editor Sheryle Bagwell

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