The sudden collapse of a Texas subprime car lender is sending shock waves from border-town dealerships all the way to the upper echelons of Wall Street, ensnaring giants including JPMorgan Chase and … [+537 chars]
Subprime Auto Lender Collapse Delivers Blow to Risky Debt Market - Bloomberg.com
The sudden collapse of a Texas subprime car lender is sending shock waves from border-town dealerships all the way to the upper echelons of Wall Street, ensnaring giants including JPMorgan Chase and BlackRock and raising concern that pain in the multibillion-…
By:Carmen Arroyo, Isabella Farr, Scott Carpenter
Source:Bloomberg
Published:
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