U.S. Subprime Market's Rout Gives `Serious Reasons to Worry,' Moody's Says

(Bloomberg) -- The credit market rout caused by the
slump in U.S. subprime loans gives ``serious reasons to worry''
and is a ``reality check,'' without posing a systemic threat,
according to Moody's Investors Service.

While the turmoil has caused some investors to reassess
credit risk, others are ready to acquire assets at lower prices,
given the ``ample liquidity'' available, Moody's said in the
report. The readiness to buy means there is no generalized threat
to the integrity of the financial system, Moody's said.


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