I understand your concern.
The Canadian secured paper market was divided into two segments. There was the one set up by non-bank companies and there was the one using bank commercial paper, which has always performed very well. The other segment did not perform well; it has even needed to be restructured.
The market for secured bank paper has continued to perform well, but its image has been tarnished. Though the assets have performed well in this market, it is more difficult.
GE Capital has always used secured bank paper. So investors have not lost money and have had very good returns.