More banks take hits from auto lender's bankruptcy
Key Insight: Tricolor's business model differed from other auto finance companies, which could have contributed to its problems.What's at Stake: It's unclear how many more lenders may take losses due to connections with Tricolor, or on subprime auto loans.Forward Look: A former Tricolor lawyer said the federal government is investigating the situation.A subprime auto lender's bankruptcy due to alleged fraud is dealing blows to a wide range of institutions — from a community bank in Louisiana to America's bi ...