| Abstract: | Thanks to decades of deregulation in the financial sector and the increased intertwining of financial markets around the world, the current global economic turmoil will almost certainly result in fundamental changes in the way markets operate and businesses raise capital. Standard&Poor's Ratings Services believes any return to relative stability and renewed growth will involve greater regional and global coordination in banking and securities oversight. We expect governments to reverse a long trend of deregulation and privatization in the financial services sector, strengthening their sway with lenders to unlock credit markets and help prevent future freezes. Investors, however, may find fewer places to park their money. Risk aversion in the wake of declining valuations in the structured finance market,
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| Sector: | Asset-Backed Commercial Paper, Asset-Backed Securities, Collateralized Debt Obligations, Commercial MBS, Corporations, Financial Institutions, Global Issuers, Insurance, International Public Finance, Public Finance, Real Estate Companies, Residential MBS, Servicer Evaluations, Sovereigns, Structured Finance, Utilities
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