A solid Daily Dig to take you into the weekend, with revealing information on the Wall Street revolving door, justice for the everyday person, and deep thoughts on many aspects of the industry.
New study reveals surprising data on Wall Street/Government revolving door
A new study on the career paths of more than 35,000 regulators shows some interesting patterns on when they make the jump to Wall Street and, in many cases, back again. Simone Pathe investigates.
Are P2P loans declining in quality? Bad time for an IPO?
People are starting to talk that lower quality P2P loans are defaulting with greater frequency. Go figure. But with one of the major players planning an IPO and the other sniffing around the idea, how might this affect their fortunes? Read more here.
Woman’s home saved by fines from bank that screwed up her loan
Repeated mistakes by JP Morgan almost cost a Bronx woman the home she lived in for two decades. Now, thanks in large part to fines levied on JP Morgan for their role in the subprime mortgage crisis, she can rest easy. Dan Freed explains.
‘World’s largest’ P2P loan repaid
A £ 4.1 million loan on LendInvest has bee fully repaid. It may be the largest ever, reports JD Alois.
Finland publishes securities crowdfunding guidelines
Crowdcheck, in partnership with representatives of two legal firms has posted a chart comparing proposed intrastate crowdfunding exemptions. We are working to post it to our site but in the interim you can view it here.
Equity writer slams crowdfunding
I am not surprised by a writer working for an equities-based site slagging crowdfunding, but by cherry picking one campaign and ignoring complete areas of the industry, that writer is doing a disservice to their readers too. Read the post here.
Crowdfunding’s potential for established companies discussed
FundRazr’s Daryl Hatton and Craig Asano from the National Crowdfunding Association of Canada recently discussed crowdfunding’s potential for established companies with the Globe and Mail. Among the tidbits is a partnership between General Mills and CircleUp that is worth reading the article for on its own. Click here.
Crowdfunding paves the way to VC’s, distribution deals