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Poll
Question: are you participating in the outcry of investors around the country who want to participate in peer-to-peer lending?
Yes - 7 (6.8%)
No - 85 (82.5%)
WGAF - 11 (10.7%)
Total Voters: 103

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Author Topic: Lender Outcry  (Read 3808 times)
ccat
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« Reply #15 on: May 11, 2009, 02:43:00 pm »

Is an outcry the same thing as a snivel  Cheesy
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Beerbud1
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« Reply #16 on: May 11, 2009, 02:52:34 pm »

I second the nomination for the lobby
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"Keep your thoughts positive because your thoughts become your words.
Keep your words positive because you words become your behavior.
Keep your behavior positive because your behavior becomes your habits.
Keep your habits positive because your habits become your values.
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Mark12547
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« Reply #17 on: May 11, 2009, 02:56:33 pm »

lobby please

Usually I want to have the permission of the person who started the thread but, since that is you, and we had a second, so be it!  Wink
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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.
onthefence
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« Reply #18 on: May 11, 2009, 06:54:09 pm »

*poof*
/wrong area for post.
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Lobby permission granted
Capital_Finance_Group
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« Reply #19 on: May 11, 2009, 07:29:42 pm »

Could someone point me the the "outcry place" - I did it to CS a few times but they never heard me.
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Navy-slush-fund
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« Reply #20 on: May 11, 2009, 08:14:21 pm »

prosper's statement has been posted in various threads. here is a copy in case you haven't read it
http://prosperclassaction.wordpress.com/

You know, that link made me think of something -- Counsel for the class should immediately propound discovery on Prosper asking for a complete explanation of why it shut down again.  Clearly that is relevant to the class action claims of securities violations, and I bet that Prosper would have to admit under oath something very different than its absurd statement about the "lender outcry."   Ninja!  Unfortunately, it appears that counsel for the class is doing a pretty half-assed job so far.   Sad
Unfortunately, it appears that counsel for the class is doing a pretty half-assed job so far)))   maybe ya get what ya paid for.....
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ira01
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« Reply #21 on: May 12, 2009, 12:54:14 am »

prosper's statement has been posted in various threads. here is a copy in case you haven't read it
http://prosperclassaction.wordpress.com/

You know, that link made me think of something -- Counsel for the class should immediately propound discovery on Prosper asking for a complete explanation of why it shut down again.  Clearly that is relevant to the class action claims of securities violations, and I bet that Prosper would have to admit under oath something very different than its absurd statement about the "lender outcry."   Ninja!  Unfortunately, it appears that counsel for the class is doing a pretty half-assed job so far.   Sad
Unfortunately, it appears that counsel for the class is doing a pretty half-assed job so far)))   maybe ya get what ya paid for.....

We will all be paying -- if there is any recovery, the lawyers will most likely get a big chunk of it.
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Navy-slush-fund
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« Reply #22 on: May 12, 2009, 06:47:48 am »

prosper's statement has been posted in various threads. here is a copy in case you haven't read it
http://prosperclassaction.wordpress.com/

You know, that link made me think of something -- Counsel for the class should immediately propound discovery on Prosper asking for a complete explanation of why it shut down again.  Clearly that is relevant to the class action claims of securities violations, and I bet that Prosper would have to admit under oath something very different than its absurd statement about the "lender outcry."   Ninja!  Unfortunately, it appears that counsel for the class is doing a pretty half-assed job so far.   Sad
Unfortunately, it appears that counsel for the class is doing a pretty half-assed job so far)))   maybe ya get what ya paid for.....

We will all be paying -- if there is any recovery, the lawyers will most likely get a big chunk of it.

yes, this stuff is probably a reliable source of revenue for the profession....
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ira01
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« Reply #23 on: May 12, 2009, 12:03:22 pm »

prosper's statement has been posted in various threads. here is a copy in case you haven't read it
http://prosperclassaction.wordpress.com/

You know, that link made me think of something -- Counsel for the class should immediately propound discovery on Prosper asking for a complete explanation of why it shut down again.  Clearly that is relevant to the class action claims of securities violations, and I bet that Prosper would have to admit under oath something very different than its absurd statement about the "lender outcry."   Ninja!  Unfortunately, it appears that counsel for the class is doing a pretty half-assed job so far.   Sad
Unfortunately, it appears that counsel for the class is doing a pretty half-assed job so far)))   maybe ya get what ya paid for.....

We will all be paying -- if there is any recovery, the lawyers will most likely get a big chunk of it.

yes, this stuff is probably a reliable source of revenue for the profession....

And if they do good work, then it is well earned.  But in this case, it doesn't appear promising -- so far at least.
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Urbi_et_Orbi
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« Reply #24 on: May 12, 2009, 01:40:42 pm »

It was surprising and perhaps even a bit disappointing that you, with your unique and valuable perspective, did not want to take a more active approach with the case.  As far as I know, it's the only active effort underway. Not sure that we will have a better opportunity to put Prosper and their shenanigans in front of a judge.
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"I don't have an anti-Prosper agenda.  Prosper has an anti-lender agenda." - Mothandrust
Si vis pacem, para bellum
brianguy
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« Reply #25 on: May 13, 2009, 02:38:40 pm »

Participated in P2P through Prosper 1.0- 1.x.

Didn't even get a Tshirt.

I got a T-Shirt!  Tongue


cool, finally something to wash the car with!   Ninja!


I usually vote WGAF but this poll is too important not to vote no...
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brianguy
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« Reply #26 on: May 13, 2009, 02:41:25 pm »

Has anyone contacted California's Commissioner of Corporations Preston DuFauchard regarding his glowing review of Prosper.com (http://money.cnn.com/2009/04/28/technology/hempel_prosper.fortune/?postversion=2009042811)? I nearly vomited when he is quoted as saying Prosper is an example of, "the kinds of innovative ideas that can help get credit in the hands of people who need it while instilling in our financial markets desperately needed openness and transparency."



no I haven't, but he sounds like a real winner (translation: total fucking asshole) 
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cowdog
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« Reply #27 on: May 13, 2009, 03:28:54 pm »

Has anyone contacted California's Commissioner of Corporations Preston DuFauchard regarding his glowing review of Prosper.com (http://money.cnn.com/2009/04/28/technology/hempel_prosper.fortune/?postversion=2009042811)? I nearly vomited when he is quoted as saying Prosper is an example of, "the kinds of innovative ideas that can help get credit in the hands of people who need it while instilling in our financial markets desperately needed openness and transparency."



no I haven't, but he sounds like a real winner (translation: total fucking asshole) 


He attended...  "Stanford University, where he obtained his B.A. in 1979."

http://www.corp.ca.gov/about/commissioner.asp
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brianguy
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« Reply #28 on: May 13, 2009, 03:33:59 pm »

good for him.  I once dated a chick that went there.  good riddance   Grin
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artjunkie
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« Reply #29 on: May 13, 2009, 03:47:14 pm »

good for him.  I once dated a chick that went there.  good riddance   Grin

Now ignored.

For your edification, CL, the witchel and others have Stanford in common. It isn't a coincidence.
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