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Chief Olu Falae, banker, administrator, politician, former Secretary to Government of the Federation (SGF) and Finance Minister, speaks with HAKEEM

Amount of contagion as they say in the financial markets, meaning people will go back to them, sideline and wait. that will drive equity prices lower. oil prices will go up because this is the middle east, and next thing you know, the global economy now has a massive head wind in terms of oil prices and has also to deal with high risk aversion or if you like, less animal spirit that leads to production employment and spending. the good scenario is that the different parties in egypt, the government on the one hand, the opposition movements can come to an agreement on what they mean by managed ...

That will cause a significant amount of contagion as they say in the financial markets, meaning people will go back to them, sideline and wait. that will drive equity prices lower. oil prices will go up because this is the middle east, and next thing you know, the global economy now has a massive head wind in terms of oil prices and has also to deal with high risk aversion or if you like, less animal spirit that leads to production employment and spending. the good scenario is that the different parties in egypt, the government on the one hand, the opposition movements can come to an agreement...

Different parties in egypt, the government on the one hand, the opposition movements can come to an agreement on what they mean by managed change. and if they can come to an agreement about what they mean by managed change. that would reduce the systemic risk, allow all prices to start coming down and allow the global economy to continue to recover from the global financial crisis. >> as an egyptian, and i ask you that again, because i'm interested in what you feel personally here. are you pleased with what is going on? are you happy to see democratic freedom coming from the people in this way...

They have they have come around to the idea that it is over for president mubarak right now. i don't think they want him to get on a plane tonight. i think they do see him eventually leave egg the scene but want to do it in a way that is gradual and they are very concerned about him leaving the country, leaving a vacuum. a lot of u.s. national security interests at stake. so they are really pushing this idea of managed change, a process through september where a political opposition can develop, can flourish, some institutions can be set. they are really looking right now for president mubarak...