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A
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OP: August 06, 2013, 11:00:00 PM
Congrats to Peter and Bryce on the mentions! 

Boneheaded quote of the day comes from the Indiana securities commissioner: ""But there are limitations on the financial data that is available, and a chance of default, so we need to protect investors."

Limitations on the financial data available...right.

Where exactly do they think IR01 and IR04 come from?
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#1: August 06, 2013, 11:00:00 PM
Thanks AmCap. I don't know when these securities commissioners are going to get it.

And to give some background, I had an hour conversation with this reporter and responded to no less than a dozen emails over the course of a month and she didn't even mention Lend Academy in the article... :-[

For those who don't have a WSJ subscription Yahoo Finance also picked it up:
http://finance.yahoo.com/news/consumers-investors-eager-peer-peer-030000322.html
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p
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#2: August 06, 2013, 11:00:00 PM
Interesting article . While attempting to read it from the perspective of one never involved in p2p lending, I am not sure if this article would be sufficient  to motivate me to start. All the better for us I guess, even though it appears the beginning of the months rush to fund all the new institutional money has finally been quenched for a while. I actually had a chance to see what a top of the line D note looked like for 1.679 seconds before it was fully funded this morning.

I will have to investigate if the Bitcoin miner machines can be converted to buying LC notes through an API. Those machines are really fast.
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b
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#3: August 06, 2013, 11:00:00 PM
I know, right, Peter? I never even told the reporter that I worked for I university, yet that's the affiliation. Sheesh. How about tying P2P-Picks to the importance of independent credit modeling to help protect against the incentive to grow too fast. Oh well, better than nothing, but I would have liked the traffic to the site.
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r
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#4: August 06, 2013, 11:00:00 PM
Mentioning your name should lead to the site.  Just keep at it guys :)

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S
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#5: August 07, 2013, 11:00:00 PM

Haven't had a WSJ subscription for years but isn't there usually the ability of readers to add comments to the electronic copy of the articles.

If the above is true suggest you add a comment leading them to "P2P Picks" and or "Lend Academy"
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m

mo

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#6: August 08, 2013, 11:00:00 PM
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R
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#7: August 08, 2013, 11:00:00 PM
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