S&P Wants You To Know They "Stress Tested" Subprime Auto ABS Structures And They're "Very Stable"
September 28, 2017 at 05:39 AM EDT
The same firm that 'assured' us all back in 2006 that RMBS, CDOs, synthetic CDOs and CDO-squared structures were all very safe products would now like for you to know thta subprime auto ABS facilities are "very stable."
