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Last Updated: Friday, 7 September 2007, 09:30 GMT 10:30 UK
Credit Crunch
First broadcast September 2007

Money and the Federal Reserve Chief Ben Bernanke

In the last month, the world's financial markets have been in turmoil - as cheap home loans to millions of American homebuyers suddenly dried up, and with them, cheap money for huge international investors.

Programme Two: Jackson Hole

With stock prices still volatile, the big central banks are trying to formulating a recovery strategy.

Business correspondent Steve Evans reports on their plans from Jackson Hole, Wyoming, where the leaders of the central banks last week met to discuss the crisis.

Listen to Credit Crunch Part Two


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