Despite all the troubles that the structured finance sector is experiencing, it is still worth saving, said Richard Field, managing director at TYI, LLC, in a presentation at Information Managment Network's ABS East conference that started Sunday.

Field said that structured finance boosts the safety and soundess of the banking system, although it was the Implementation "that went wrong." He added that it is the lending aspect of the business that presents credit, such as when borowers don't pay their loans, and interest rate risk.

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