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Mary Kane Loses It: Blasts Media For “FAKE, Irresponsible” Auto Coverage, Delivers Magnum Opus
Dear mainstream financial media: are you trying to make Citi's Mary Kane lose her fucking mind? Because that's what it seems like.
Regular readers know Mary.
Mary has been on a one-woman crusade to dispel the notion that subprime auto is the next "big short" for years.
In fact, Mary is so frustrated with the suggestion that subprime auto is the next "big short" that she even took her exasperation out on the film The Big Short when, early last year, she said this in a note to clients:
It seems
What the heck is with Figure 2? Did they seriously just chart an identity function?
The FED can underwrite zero interest ten year auto loans. So no worry.