It is amazing. I didn’t realize they were taking loans for solar panels and wrapping them up into asset-backed securities. So many issues in this article. I also didn’t realize that solar panels were 50 percent cheaper in Germany because of the way they were being sold. Also, they are putting a 10,000 dollar fee into the loan contracts just for getting the loan. The installers are going to drop and if you are holding any of the asset-backed securities in your portfolio you might want to look closely at them.
Andy