Just saw article today, poorly researched.
It assumes that p2p lending arose to fill the vacuum after the subprime bust, but that's not at all what happened. It was here to take full advantage of subprime, and now that the bust is here the p2p services are stalled or crapping out too.
I was almost surprised to see they mentioned the Prosper "quiet period" at all. Then again they still just reprint what PMI says about it with no comment on the fact that it has been in this period like forever and is unlikely to emerge.