Securitization of subprime mortgages and auto loans, financial crisis, mortgage loans, auto loan security, economic impact, financial crisis 2008, subprime lending, investment security, economic downturn.

When History Repeats: Tricolor’s Bankruptcy and the Ghost of 2008

The collapse of Tricolor Auto Group—a Texas-based used car lender specializing in subprime borrowers—has revived uncomfortable echoes of 2008. While the underlying assets this time are cars instead of homes, the structure of risk, incentives, and eventual fallout looks eerily familiar. The 2008 Playbook: Homes as Risky Assets In the

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Thank you for visiting with us today. — Steve 

 

“The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane.” — Marcus Aurelius

“Nullius in verba”– take nobody’s word for it!
“Acta non verba” — actions not words

A smiling man wearing sunglasses, a cap, and casual outdoor clothing outdoors in front of trees, representing citizen journalism and free speech advocacy.

About Me

I have over 40 years of experience in management consulting, spanning finance, technology, media, education, and political data processing. 

From sole proprietorships to Fortune 500 companies, I have turned around companies and managed their decline. All of which gives me a unique perspective on screwing and getting screwed.

Feel free to e-mail me at steve@onecitizenspeaking.com

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