Bubbles anyone?
Great news: Subprime auto loans up 18% in 2012 « Hot Air:Hey, who’s up for burying consumers in ridiculous loans and selling them off as securities on Wall Street? I mean, it’s not as is this has worked out badly in the past, is it? Well, okay, it didn’t work out so well when Fannie Mae and Freddie Mac pulled this stunt with home loans, but it should work out wonderfully for automobiles.
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