"Either the market relaxes and realizes the world is not coming to an end, or the alternative is that investors question whether ratings really reflect risk in all structured finance assets and reduce holdings."

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"Either the market relaxes and realizes the world is not coming to an end, or the alternative is that investors question whether ratings really reflect risk in all structured finance assets and reduce holdings."

--Michael Hampden-Turner, structured credit strategist at Citigroup in London, on fallout from downgrades of asset-backed securities last week.

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