September 27, 2007 7:56 pm

Credit squeeze explained

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

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