P2P Loans Runs in the SEC

This is an interesting story at the intersection of regulatory oversight and technology enabled business models. Personally, I really like the P2P startups but I wonder about the potential for abuse in these networks and the backing company’s willingness to regulate the markets if the net effect is to reduce activity.

But this so-called peer-to-peer lending, which until recently seemed that it might offer a reliable source of money in this calamitous economic environment, is now experiencing a squeeze of its own.

[From Lending Alternative Hits Hurdle – NYTimes.com]

More on this topic (What's this?)
The Credit Market "Push" Myth
Bank Bailouts and the Loans Myth
Read more on Loans at Wikinvest