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Have to wonder if the SEC gave them a choice - either close down yourselves, or we'll close you down.
Fraudman has visited this morning.
The announcement reads quite like "spin."Does this mean we can now get back to transferring out in smaller amounts?
Quote from: Urbi_et_Orbi on May 09, 2009, 11:28:35 amThe announcement reads quite like "spin."Does this mean we can now get back to transferring out in smaller amounts?Yep. I just got $17.46 out of 'em.
(is there one person here who believes that it was the "outcry" from non-CA lenders who "overwhelmed" Prosper?)
Quote from: ira01 on May 09, 2009, 11:09:16 am(is there one person here who believes that it was the "outcry" from non-CA lenders who "overwhelmed" Prosper?) You never know...one person's outcry could overwhelm them.
So, the loans that received full funding during the opening...did they get poofed?
Quote from: Urbi_et_Orbi on May 09, 2009, 11:47:10 amSo, the loans that received full funding during the opening...did they get poofed?It appears that Prosper 2.0 Repuchased all of them.
Quote from: Xenon481 on May 09, 2009, 11:53:48 amQuote from: Urbi_et_Orbi on May 09, 2009, 11:47:10 amSo, the loans that received full funding during the opening...did they get poofed?It appears that Prosper 2.0 Repuchased all of them.In that case, the official explanation regarding the shut-down just became a whole lot more suspect.
Quote from: Urbi_et_Orbi on May 09, 2009, 11:28:35 amThe announcement reads quite like "spin."Does this mean we can now get back to transferring out in smaller amounts?Transferring out never stopped. Just less to transfer.
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