This episode of current affairs show Close Up offers a fascinating portrait of the early days of New Zealand's foreign exchange market. Reporter Ted Sheehan heads into "the pit" (trading room), and chronicles the working life of a senior forex dealer, 25-year-old accountancy graduate John Key. The "smiling assassin" (and future Prime Minister) is a calm and earnest presence amongst the young cowboys playing for fortunes and Porsches, months before the 1987 sharemarket crash. As Sheehan says, "they're like addicts who eat, breathe and sleep foreign exchange dealing".
80s show Close Up had a similar brief to earlier current affairs show Compass: to present mini-documentaries on topical local issues. Stories in the primetime hour-long slot were wide-ranging, from hard news to human interest pieces, including a profile of 25-year-old foreign exchange dealer, future-Prime Minister, John Key. The show won Feltex Awards for most of the years that it was on air. Close Up is not related to the post-nightly news show of the same name, which was hosted by Mark Sainsbury until 2012.