Thursday, 27 July 2017

Don't Cry for Subprime Auto-Debt Buyers 

Don't Cry for Subprime Auto-Debt Buyers 

https://www.bloomberg.com/gadfly/articles/2017-07-25/auto-debt-buyers-find-immunity-from-subprime-distress

..And in an odd twist of logic, the ratings of these subprime securities backed by auto debt are steadily improving even as more American borrowers fail to meet their monthly obligations...

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