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The New Subprime Bubble: Car Loans

NYT    22 July 2014

 

 

 

 

The New Subprime Bubble: Car Loans

Video        The New York Times        22 July 2014

 

Banks and private equity firms

searching for high-yield investments

have fueled a boom in subprime auto loans to buyers

who can't afford the loans,

including those who recently filed for bankruptcy.

 

Produced by: Axel Gerdau and John Woo

 

Read the story here:

http://nyti.ms/1trvRXH

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