Owen Bennett-Jones talks to three people who've experienced first-hand the fall out from the financial industry, the collapse of Bear Stearns and Lehman Brothers.

He talks to a hedge fund manager, a banker and an analyst at Lehman brothers about their recent experiences, who's to blame for the run on banks, will this week's news change the way the western banking system is run, and what kind of future do they all have now.

Listen (60 mins)