With the final eurozone vote now in for the EFSF, the next step is to leverage up that fund to allow governments to shore up the capital positions of their respective banks. An orderly default of Greek sovereign debt can then follow.

What does it all mean? How did we get here? What are the comparisons to 2008, Lehman Bros and the US TARP?

If it all works, what are the implications for the global economy and global banking sectors? How would Australian banks be impacted either way?

Tune in today at 4.30pm for FNArena's Market Insight program broadcast on the BRR Network. The show is streamed live, and tomorrow an archived recording will be available including a separate audio-only version with slides for those with a slower connection.

Just click on the image of the hosts on the FNArena website -- "FNArena Talks".