Credit Crunch

First broadcast September 2007

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

---

Terms of Use
The BBC Podcasts are for your personal non-commercial use only.

All title, ownership rights and intellectual property rights in and to the BBC Podcasts shall remain the property of the BBC or third parties.

You may not edit, alter, adapt or add to the BBC Podcast in any way. The BBC Podcasts are made available by the BBC on an "as is" and "as available" basis and the BBC gives no warranty of any kind in relation to the BBC Podcast.

To the maximum extent permitted by law the BBC will not be liable for any loss or damage which you may suffer as a result of or connected to the download or use of the BBC Podcasts

See the full BBC Podcast: Standard Licence Terms here.