Auto Lending Poses Next Great Subprime Crisis (Audio)

(Bloomberg) -- Patricia McCoy, a professor at Boston College Law School, and Gary Pieples, a professor at Syracuse University College of Law, discusses the increasing number of U.S. auto loan defaults, and the chance that the defaults could cause a new credit crisis. They speak with June Grasso and Michael Best on Bloomberg Radio's "Bloomberg Law." See omnystudio.com/listener for privacy information.