Just before he became Prime Minister in 2007, Chancellor Gordon Brown congratulated the city on their ingenuity and creativity during his tenure: “An era that history will record as the beginning of a new golden age for the city of London.” How did the economy get from boom to bust? In this special two-part Dispatches , economist and author Will Hutton gives the definitive insider’s account of what went wrong. Talking to the key players, in Government, Wall Street and the City, Hutton unveils the true extent of the greed, ambition and reckless risk taking that is now carrying the economy into the worst recession for a century.

Monday 20 April 2009
8:00pm, Channel 4