Turns Out P2P Lending Might Run Afoul Of Securities Law As Well
First off, a quick disclaimer. Lending Club has offices in the same building as Techdirt, and we’re actually right across the hall from them. I’m also pretty good friends with some folks who work there...
View ArticleThe Contrarian Banker Who Avoided Bad Loans… And Is Now Buying Up The Scraps
While we’ve wondered why those who made such bad bets on Wall Street are getting bailed out and even relied upon to save the economy, Forbes has found one of the guys who knew better: Andy Beal. A...
View ArticlePerson To Person Lending Not Saving The Economy… Actually Looking Really,...
We’ve discussed peer-to-peer lending sites in the past, though mostly with respect to regulatory questions revolving around their attempts to securitize the loans. However, every time we mention those...
View ArticleCongress Extends Small Business Loan Breaks
On April 15, 2010, Congress passed and the President signed, H.R. 4851 Continuing Extension Act of 2010. This extends the Small Business Administration’s loan adjustments program, started under the...
View ArticleDoes Capital One Offer Different Loan Rates Based On Your Browser Software?
Consumerist is pointing to the claims of a guy who noticed that Capital One offered him really different car loan rates, depending on which browser he was using. He was using Firefox, and saw a rate of...
View ArticleBofA Tries To Foreclose On Home Despite Not A Single Missed Payment
Perhaps rather than worrying so much about Wikileaks, or buying up hundreds of domain names involving various combinations of their top executives along with “sucks” or “blows,” Bank of America should...
View ArticleBorder Patrol Drone Fleet Straying Far From The Borders When Not Being Loaned...
“How much spying on Americans is too much spying?” is the question no one seems to be asking, unless prompted by document leaks or a handful of legislators. Customs and Border Patrol (CBP) has had...
View ArticleNYC Judge: Taxis Must Compete With Uber, No Matter The Medallion Industry
If violence is the last refuge of the incompetent, as Issac Asimov’s delightful line in Foundation tells us, then perhaps desperate lawsuits are the last refuge of the disrupted industry. There is...
View ArticleUndeletable Coercive Loan Apps First Hobble Then Shut Down Your Smartphone If...
The modern smartphone is a technological wonder, cramming into its compact form factor multiple functions — phone, pager, computer, camera, calculator, diary, multimedia player, radio, TV, clock,...
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