Originally Posted by bluesman

You are either in over your head or playing games. Do you not realize that "derivatives" are "derived" from something else? I simply said that car loans are not what caused the banks to fail. Car finance companies charged enough interest that a 15% increase in repos (from your link) isn't going to put them out of business. You can talk about derivatives or whatever else you want but the fact is that car loans are not a big factor in the bank failures/bailouts. I specifically said that home mortages were. If you want to disagree then do so and say that home loans were not a much bigger factor than car loans. Either that or concede. No more BS please.