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Author Topic: Prosper order to cease and desist by SEC  (Read 167595 times)

FANAFI

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Re: Prosper order to cease and desist by SEC
« Reply #270 on: December 02, 2008, 08:34:00 am »
After a couple of days of thinking and questioning back and forth with the law firm doing the class action against Prosper.com I have finally filed my paperwork with them. Since I'm the stated 'lender' I did have to get my wife's blessings on this since this is her money too technically. Let's see what happens from here.

Goodbye Prosper.com...

-J
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bamalucky

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Re: Prosper order to cease and desist by SEC
« Reply #271 on: December 02, 2008, 09:26:09 am »
Quote from: FANAFI on December 02, 2008, 08:34:00 am
After a couple of days of thinking and questioning back and forth with the law firm doing the class action against Prosper.com I have finally filed my paperwork with them. Since I'm the stated 'lender' I did have to get my wife's blessings on this since this is her money too technically. Let's see what happens from here.

Goodbye Prosper.com...

-J

I hope you take the lawyers words to heart when he told you to keep non public things non public.

You have a long history of switching sides.
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FANAFI

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Re: Prosper order to cease and desist by SEC
« Reply #272 on: December 02, 2008, 09:36:14 am »
Yes, I know...  :ninja: -time

-J
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pensioner

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Re: Prosper order to cease and desist by SEC
« Reply #273 on: December 03, 2008, 08:59:19 pm »
I let Mr. Kim know that I wanted to join the class action suit.  I suspect that I now have the dubious distinction of that largest amount of charge offs - -$345,018.54.  Can anyone top that?

I have not been reading and posting to this board because it is no fun thinking about my losses...I am in denial, I suppose.
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bamalucky

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Re: Prosper order to cease and desist by SEC
« Reply #274 on: December 03, 2008, 09:01:20 pm »
Quote from: pensioner on December 03, 2008, 08:59:19 pm
I let Mr. Kim know that I wanted to join the class action suit.  I suspect that I now have the dubious distinction of that largest amount of charge offs - -$345,018.54.  Can anyone top that?

I have not been reading and posting to this board because it is no fun thinking about my losses...I am in denial, I suppose.

Welcome pensioner..

Let's hope the first step to recovery isn't admittance but calling Mr. Kim  ;D
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Urbi_et_Orbi

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Re: Prosper order to cease and desist by SEC
« Reply #275 on: December 03, 2008, 09:03:34 pm »
Welcome aboard.  Missed you and happy to have you.
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Mtnchick

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Re: Prosper order to cease and desist by SEC
« Reply #276 on: December 03, 2008, 09:06:19 pm »
Quote
pensioner
Newbie

That looks kinda weird ;)

Good to see you around - but yeah, you're probably at or near the top on losses :(
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NewHorizon

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Re: Prosper order to cease and desist by SEC
« Reply #277 on: December 03, 2008, 09:14:38 pm »
I'm happy to have pensioner join us too.
But is this really him?
From what little I know of him (from the PD '07 videos) this doesn't quite sound like him.

Just checking... 
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pensioner

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Re: Prosper order to cease and desist by SEC
« Reply #278 on: December 04, 2008, 12:36:25 am »
Yup, it's me.  If I don't sound like the old pensioner, it is just because my attitude toward Prosper has taken an about face.
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ira01

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Re: Prosper order to cease and desist by SEC
« Reply #279 on: December 04, 2008, 12:53:10 am »
Quote from: pensioner on December 04, 2008, 12:36:25 am
Yup, it's me.  If I don't sound like the old pensioner, it is just because my attitude toward Prosper has taken an about face.

Hi Pensioner, welcome.

You should get access to the verified lenders forum here.  The instructions are at http://www.prospers.org/wiki/HowToGetLenderAccess.  There may be stuff there that would be of interest to you.  And the required step of adding "verified identity" to your Prosper member profile would also eliminate any doubts as to whether you are really you.
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beerbud1

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Re: Prosper order to cease and desist by SEC
« Reply #280 on: December 04, 2008, 06:20:45 am »
Quote from: NewHorizon on December 03, 2008, 09:14:38 pm
I'm happy to have pensioner join us too.
But is this really him?
From what little I know of him (from the PD '07 videos) this doesn't quite sound like him.

Just checking... 
It is really him. I asked him via PM to let lenders know what his status is. He pm-ed me back that he was joining and that He would post that himself.
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onthefence

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Re: Prosper order to cease and desist by SEC
« Reply #281 on: December 04, 2008, 07:28:38 am »
Welcome back Pensioner!
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msava

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Re: Prosper order to cease and desist by SEC
« Reply #282 on: December 04, 2008, 08:51:07 am »
Quote from: onthefence on December 04, 2008, 07:28:38 am
Welcome back Pensioner!
Good to see you again Pensioner, welcome. Now all we need is to get Muleshoes over.
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Tokyo Joe

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Re: Prosper order to cease and desist by SEC
« Reply #283 on: December 04, 2008, 09:46:39 am »
Welcome to the 'reunion thread' pensioner ;)
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Flying Missle

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Re: Prosper order to cease and desist by SEC
« Reply #284 on: December 05, 2008, 03:31:55 pm »
Quote from: msava on December 04, 2008, 08:51:07 am
Quote from: onthefence on December 04, 2008, 07:28:38 am
Welcome back Pensioner!
Good to see you again Pensioner, welcome. Now all we need is to get Muleshoes over.
I sent Muleshoes a PM from prosper a couple of weeks ago while some of us were in IRC
Quote
From: flyingmissle
Received: Nov-26-2008 7:38 PM PST
To: MuleShoes
Subject: Prosper issued Cease and Desist from SEC. Also other lenders file class action suit against Prosper
Hi,
As a large Prosper lender, I thought you might be interested in the fact that Prosper was issued a Cease and Desist letter from the SEC (http://www.sec.gov/litigation/admin/2008/33-8984.pdf). In addition, a number of Prosper lenders have filed a lawsuit hoping to get class action status.

I know you were a big supporter of Prosper and invested a lot of time and money. Prosper was selling securities illegally and you may be entitled to compensation for that..

Here is a link where you can read more http://www.prospers.org/forum/prosper_order_to_cease_and_desist_by_sec-t10903.0.html

Regards,
FM

no response as of yet.
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