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Goldman “Unmasks” The Culprit Behind US Auto Loan Delinquencies
On Tuesday we brought you "Car-mageddon: Your Complete Guide To A Bursting American Auto Bubble.
In it, we reviewed our previous posts on the US auto bubble and specifically, on the role subprime has played in helping this $1 trillion+ bubble to inflate.
You'll recall that way back in February, we highlighted a Morgan Stanley note which took a look at subprime originators, their market share, and the extent to which vintages tied to increased lending by companies with lower standards affects p
