Of course the volume had to decline in June, Dan. This says nothing about Lending Club's inept management; there was simply nowhere else for it to go but down, because the interest in MH370's disappearance was waning by May.
When the Boeing 777 disappeared in March, Lending Club took advantage of the deaths of 239 people by running ads on the major news channels. The results exceeded their wildest expectations and they were knocking it out of the park March-April. But even the greatest aviation mystery of all time only captivates people so long, given that the average person's attention span these days is that of a gnat. There was no way, short of a miracle or another air disaster, that the numbers could be sustained through June.
I'm going to give Lending Club the benefit of the doubt here and say that they "probably" had nothing to do with MH370's disappearance, even though they cashed in big time. Just in the right place at the right time, yeah that's the ticket. And now Malaysian Airlines loses another one, MH17 shot down supposedly by the "Russians". Is someone trying to recapture past glory? I don't know, but looking over the LC roster they have quite a few employees from "odd" places all over the world. Based on their photos many of them seem to be screwballs, and from their resumes I can't see any special talents... certainly no talents that you couldn't get right here in the USA from a non-commie American. Either these employees were cheap or they had "connections" that Lending Club wanted.
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