Financial Times FT.com

Credit squeeze explained

Published: September 27 2007 19:56 | Last updated: September 27 2007 19:56

How did the actions of subprime mortgage borrowers in the US affect global financial markets and lead to the ongoing liquidity crisis – and will the resulting fallout hurt the wider economy? Gillian Tett, capital markets editor, narrates FT.com’s interactive feature explaining the credit squeeze.

A PIK of the ABCDS: A guide to credit derivative terminology

More in this section

World Bank to act on anti-graft report

World Bank denies Kibaki bias

World Bank accepts risk to aid poor nations

World Bank rural poverty drive

Private sector to join World Bank on aid

Tackling poverty a priority for Zoellick

Zoellick revamps top management

World Bank boosts ‘local’ bonds

World Bank cuts rate to middle-income nations

Strauss-Kahn vows to revive IMF

Volcker says World Bank lax on graft