The Daily Dig for Friday, August 1

Crowdnetic and leading academic to partner

The partnership between technology and data provider Crowdnetic and the program at UC Berkeley which is headed by Dr. Richard Swart should yield some interesting numbers as crowdfunding research continues to evolve.  Read the release here.

FDIC withdraws “hit list” says legitimate business impacted

The FDIC has pulled back its “hit list” of business categories such as payday lenders that became targets of Operation Choke Point, an initiative which, in part, attacked predatory lenders.  Rob Blackwell has more.

Opinion: The Chinese P2P system – advantages and risks

Like many parts of the world, China has experienced a lending drought to SME’s, and like in those other regions, P2P has filled the void.  The Chinese system comes with risks, which are nicely outlined in this piece by Zhou Xiaoyan.

Green U.K. P2P’s reach funding milestones

Two United Kingdom P2P entities which cater specifically to green initiatives reached important milestones which signify growing acceptance of the method, reports James Murray.

Alleged scammers ousted from Kickstarter

Brothers with a checkered past on sites such as Airbnb and Kickstarter have been booted off Kickstarter while Airbnb is helping the lady who whose home was taken over by the pair.  Kaja Whitehouse has the details.

Slava Rubin talks about corporate crowdfunding

Slava Rubin doesn’t have a problem with well-heeled corporations crowdfunding.  He cites several past examples of how different user groups take the technology in ways not originally envisioned.  Great interview by Jack Smith.

GAO TBTF report leaves ’em wanting more

The long-awaited report, which was requested by Sherrod Brown and David Vitter, concludes big banks saw an advantage in the initial years of the crisis but that the gap has closed or even reversed.  Beyond that many need to search for nuggets in the report which was released yesterday.  Peter Eavis reports.

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