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Global Credit Squeeze
URL: http://www.ft.com/indepth/subprime

Description:
This collection of news and analysis focuses on "defaults on US subprime mortgages [in 2007, which] have developed into a global issue. Hedge funds and banks have been exposed to the US problems, which has led to a global credit squeeze." The "credit squeeze explained" interactive feature is a good starting point for understanding the issues. From the Financial Times.

Publisher:
The Financial Times Ltd.

Extra Keywords
sub-prime lending

LII Database Information:
Record 25069 created by Jennifer English on 12/10/2007
Last modification on 12/10/2007
Published: 12/13/2007  
Funding agency: California State Library
LII Item ID: http://lii.org/cs/lii/view/item/25069