You didn't address what I said. The collapse was specifically related to mortgage loans. Car loans weren't a big part of it. The American banks used bad mortgage loan practices.

http://www.cbsnews.com/stories/2009/...n4954231.shtml

"One reason: Take those infamous subprime mortgages given to risky homebuyers. They crippled banks in the U.S., where at peak, 25 percent of loans were subprime. In Canada? Three percent."

Bottom line, you are both wrong and off topic and refuse to admit it.