
Look! A Scary Auto Loans Chart.
Those who frequent these pages are well-versed in the ongoing auto ABS debate.
See the thing is, a whole lot of people are interested in shorting subprime auto paper. With the possible exception of CMBX 6, auto ABS is at the top of the list when it comes to "the next 'Big Short' candidates."
One person who thinks subprime auto may be a problem is Steve Eisman who, you'll recall, actually put on the original "big short."
One person who doesn't know how to spell Steve's name is Citi's Mary Kane