The Subprime Auto Crisis No One’s Talking About

Everyone has been abuzz about Tricolor’s bankruptcy. The subprime auto lender has already created hundreds of millions in losses and for some of the biggest banks. But the real story here isn’t those hundreds of millions, rather the trillions in debt that is priced on financial variable that’s otherwise impossible to pin down. Tricolor’s bankruptcy just might shed some light on it. Will the financial world like what it could find?

Video Length: 00:21:42

https://www.youtube.com/watch?v=VDipwpCf-Y8

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