If you wondered how these refugees and millions of immigrants can be driving new Acuras and Beamers, here it is. Triclor, a large sub-prime lender has to close shop because it has been lending to immigrants and new-comers who not only lack a security record, they lacked a SIN number and proper ID. It is a free-for-all and get this : OUR BANKS have been loaning these sub-prime lenders the money to roll. BTW, these billions of dollars of loans were packaged up and sold to investors too. Sound familiar? This makes my blood boil.
Sub-Prime Auto Lender Goes Broke
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