Prospers.ORG Prosper Forum
July 29, 2010, 09:37:33 pm *
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
News: Welcome to Prospers.ORG
 
  Wiki   Forum home   Help Search Groups Login Register  
Pages: [1] 2 3 ... 6   Go Down
  Print  
Author Topic: Fred93 blog - Prosper.com is near bankruptcy  (Read 4428 times)
Fred93
Hero Member
*****
Posts: 2538



View Profile

Ignore
« on: January 29, 2010, 05:03:40 am »

The title says it all.  The blog post includes some boring numerical backup.

http://fred93blog.blogspot.com/2010/01/prospercom-is-near-bankruptcy.html

Logged

bamalucky
Hero Member
*****
Posts: 22368



View Profile

Ignore
« Reply #1 on: January 29, 2010, 08:48:33 am »

I'm guessing Tiffany fox will be responding soon
Logged

There are no stupid questions, just stupid people.
God-Father
Hero Member
*****
Posts: 1454


Pay up!


View Profile

Ignore
« Reply #2 on: January 29, 2010, 09:03:35 am »

If she is still there.   Wink
Logged

Long live Prosper!
Bama who?  :-)
112233
Hero Member
*****
Posts: 13260


Suspended since 01/04/2008


View Profile WWW

Ignore
« Reply #3 on: January 29, 2010, 09:06:00 am »

I agree. I think having a light-hearted exchange with bama is grounds for immediate dismissal.
Logged

NewHorizon
Hero Member
*****
Posts: 3209


View Profile

Ignore
« Reply #4 on: January 29, 2010, 09:55:22 am »

If she is still there.   Wink

Lemme quash that little specter of doubt...
I got Email from her just yesterday.

But of course maybe she's not a full time employee any more and she's just paid hourly to respond to Emails so that it LOOKS like all's well.  (I offer this thought as fodder for the the conspiracy theorists out there.  Grin )
Logged
cowdiddly
Jr. Member
**
Posts: 82



View Profile

Ignore
« Reply #5 on: January 29, 2010, 10:19:32 am »

Would you guys pipe down. I still have 600 dollars in 20 loan to extract before they are seized as collateral. I need guys like reflective rupee, cash cowboy,midlife crisis ect for a few more months.
Logged

bamalucky
Hero Member
*****
Posts: 22368



View Profile

Ignore
« Reply #6 on: January 29, 2010, 10:20:54 am »

I think Prosper should put up loan requests to finance operations but then again that might scare the lenders off
Logged

There are no stupid questions, just stupid people.
NewHorizon
Hero Member
*****
Posts: 3209


View Profile

Ignore
« Reply #7 on: January 29, 2010, 10:32:12 am »

How about an IPO instead?   Grin
Logged
bamalucky
Hero Member
*****
Posts: 22368



View Profile

Ignore
« Reply #8 on: January 29, 2010, 10:46:47 am »

How about an IPO instead?   Grin

Sadly you can't short an IPO for 30 days
Logged

There are no stupid questions, just stupid people.
112233
Hero Member
*****
Posts: 13260


Suspended since 01/04/2008


View Profile WWW

Ignore
« Reply #9 on: January 29, 2010, 10:56:57 am »

How about an IPO instead?   Grin

Sadly you can't short an IPO for 30 days
what about buy put options? So far, I haven't found a clear answer on that.
Logged

NewHorizon
Hero Member
*****
Posts: 3209


View Profile

Ignore
« Reply #10 on: January 29, 2010, 11:30:31 am »

How about an IPO instead?   Grin

Sadly you can't short an IPO for 30 days

You'll have plenty of time....   Smiley
Logged
christoofar215
Hero Member
*****
Posts: 5500


YO. LIKE MY FRO.


View Profile

Ignore
« Reply #11 on: January 29, 2010, 11:52:53 am »

There will be no peep from Prosper on this one.

BK'ers tend to hide.
Logged

moneytree4172
Full Member
***
Posts: 227



View Profile

Ignore
« Reply #12 on: January 29, 2010, 12:19:57 pm »

I'd never really thought about Prosper as a borrower.  But reading this, I realized I had missed the obvious.  Prosper's disdain for lenders might stem from the fact that Prosper itself, is a borrower with near non-existent credit options.
Logged

Confusion not only reigns, it pours.
Mark12547
Hero Member
*****
Posts: 2053



View Profile

Ignore
« Reply #13 on: January 29, 2010, 12:35:59 pm »

With Prosper appearing so close to bankruptcy (at least functionally), and the latest Notes being Prosper's property instead of the Lenders' property, why would anyone be a Lender on Prosper now?
Logged

Quote from: Prosper Moderator
If, as you have indicated, you don’t trust Prosper to detect fraud when it exists or to remunerate you when we find it, then you should reconsider whether you want to lend on Prosper.
I did; withdrawing since Black Friday, March 30, 2007--with one exception.
christoofar215
Hero Member
*****
Posts: 5500


YO. LIKE MY FRO.


View Profile

Ignore
« Reply #14 on: January 29, 2010, 12:38:57 pm »

I just emailed Fred's link to reflective-rupee.   Cool
Logged

Pages: [1] 2 3 ... 6   Go Up
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC Valid XHTML 1.0! Valid CSS!