An Encouraging Sign

http://www.futureofcapitalism.com/2009/07/an-encouraging-sign

With all the energy going into worrying about how the government can get big banks to start lending again, non-bank lenders are rising to fill the gap. Bloomberg has an intriguing article about two relatively small Web-based businesses, lendingclub.com and prosper.com. The article notes that so-called "peer-to-peer" lending "isn't as regulated as banks."

by Editor  |  Jul 16, 2009 at 9:44 am Related Topics:  Capital Markets Regulation receive the latest by email: subscribe to the free futureofcapitalism.com mailing list