By Helen Thomas & Miles Saltiel
We face a credit crisis, not the demise of capitalism. Governments will intervene because they have to, but they have a choice about what form that intervention will take. To choose the right policy, they must be clear about what went wrong. Without this analysis, another crisis could be lurking around the corner. What Really Happened? gives an account of the causes of the credit crunch and outlines where policy-making should go from here.