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@tintory@lemm.ee to Politics@beehaw.org • 2 years ago

Wall Street Bet Big on Used-Car Loans for Years. Now a Crisis May Be Looming.

www.propublica.org

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Wall Street Bet Big on Used-Car Loans for Years. Now a Crisis May Be Looming.

www.propublica.org

@tintory@lemm.ee to Politics@beehaw.org • 2 years ago
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The used-car market’s hot streak may be ending as borrowers struggle to make payments and regulators say some auto lenders are “setting up consumers to fail.”
  • @AfricanExpansionist@lemmy.ml
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    8•2 years ago

    You forgot the part about counting on bailouts from their political cronies

    • @ninjan@lemmy.mildgrim.com
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      6•2 years ago

      I file that broadly under market manipulation but yeah could do with a clarification there.

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