More Downside For LendingClub And P2P? Signs Point To Yes

It was just three days ago when I asked the following question: “does the disaster at LendingClub foretell the demise of marketplace lending?” While it’s ultimately too early to know the answer, it’s worth noting what’s happened since then. If you read that post, came away bearish, and acted on your newfound pessimism, you’d have…