Dan Marom has studied crowdfunding from the very beginning and has authored a book on the subject. He sees an important role for venture capital moving forward and likes the crowd’s power in screening crowdfunding projects, as Karlin Lillington discovers in an interview.
New report expected to boost crowdfunding in Australia
While default rates are low by any measure, Great Britain’s Peer-to-Peer Finance Association wants to ensure complete transparency through the introduction of standardized methods for calculating defaults. This is a legitimate step for an industry facing mainstream skepticism, writes Amy Loddington.
Citi’s biggest investors urge bank to fight DoJ fine in court
No one complained when they were reaping great returns from suspect products but now that the chickens have come home to roost Citi investors are balking at the Department of Justice’s possible demand for a $10 billion fine for one of their roles in the lead-up to the financial crisis. Camilla Hall and Kara Scannell explain their reasoning.