Tagged: larry summers

May 31, 2017 @ 6:53 am By JD Alois  |  

LendingClub (NYSE:LC) has filed a new form with the SEC (DEF 14A) in advance of the annual shareholders meeting which is scheduled to take place on June 6, 2017. The addition to the Annual Meeting Proxy Statement, a standard filing, includes a presentation on the… Read More

May 5, 2016 @ 3:57 pm By JD Alois  |  

  This past Tuesday (May 3rd), twenty members of Congress joined to ask the Secretary of the Treasury, Jack Lew, to tread lightly when it came to the emerging marketplace lending industry. The timing of bi-partisan missive is important as Treasury has announced it will… Read More

February 1, 2016 @ 2:52 pm By JD Alois  |  

Beepi, the fast-growing marketplace that is probably the future of buying and selling used cars, has added some impressive names to its board of advisors. Announced today are the following additions: Larry Summers – former Secretary of the Treasury. He also served as President of Harvard… Read More

April 19, 2015 @ 11:37 pm By JD Alois  |  

  Former Secretary of Treasury Larry Summers delivered a solid and well received speech at LendIt last week where he criticized the failures of traditional finance while lauding the innovations of internet finance – one that will remove banking from the shadows of the past… Read More

April 17, 2015 @ 8:00 am By JD Alois  |  

“Regulators should allow new firms to operate, generate data on the outcomes created by novel business models before writing new rules.” Larry Summers, former Secretary of the Treasury under President Clinton and Director of the National Economic Council under President Obama, delivered a rousing speech… Read More

February 3, 2014 @ 3:30 am By Charles Luzar  |  

In the ever-growing crowdfunding community, peer lending reigns supreme. A TD Economics report we covered last week estimates the size of the global crowdfunding industry at somewhere between $3 and $5 billion in 2013. Of the sites responsible for this emergent shift in capital access,… Read More