FRIDAY 24TH OCTOBER 22.30 BST - BBC TWO FROM GAVIN ESLER Hello, Quote for the Day "Don't screw it up, buddy" - What Michelle Obama told her husband Barack, the Democrat candidate for the White House, before he made a big speech. In tonight's programme: Michelle Obama's words might be taken to heart by politicians round the world, as the real impact of the credit crunch continues to worsen. Newsnight these days is not for the faint hearted as - whether we are entering a recession or not and whether we're heading for a slump - things are on the slide, stock markets round the world have taken another tumble and the pound has dropped yet again against the dollar. We hope to have a stellar cast in our nightly brains trust -- including Francis Fukuyama -- to tell us what more he thinks governments can do. Deripaska Of course we could always go off and borrow a few quid from a passing oligarch. Who is this Oleg Deripaska whose acquaintance has proved so toxic for Peter Mandelson and George Osborne? We?ve a special report on the billionaire behind the headlines. And finally Another in our Jokes Fit For a Recession sent in by Newsnight viewer Dick Carbutt: Quote from a city trader: "This downturn is worse than a divorce. I've lost half my net worth and I still have a wife." Newsnight will be trying -- in Michelle Obama's words -- not to screw up, at 10.30 pm on BBC2. And don't forget to scroll down to see what is planned for Newsnight Review at 11pm. Gavin |