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Author Topic: Prosper Has Lost Its Most Important Link To Wall Street  (Read 6211 times)

red12049

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Prosper Has Lost Its Most Important Link To Wall Street
« on: February 09, 2017, 11:29:39 am »

Quote
The online lender Prosper has lost its key link to Wall Street, with its head of capital markets leaving the company just months after the departure of its CEO in November.
As Prosper’s executive vice president of capital markets, Eric Thaller was responsible for selling packages of the company’s loans to investors — a central function for online lenders, who avoid carrying loans on their own balance sheets. He left the San Francisco-based company last week, a spokesperson told BuzzFeed News on Monday.

https://www.buzzfeed.com/williamalden/another-key-executive-has-left-online-lender-prosper?utm_term=.fv3WkZRQeg#.gmdqVRldwy

R
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Urbi_et_Orbi

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Re: Prosper Has Lost Its Most Important Link To Wall Street
« Reply #1 on: February 09, 2017, 05:26:11 pm »

Lobby-worthy?

bamalucky

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Re: Prosper Has Lost Its Most Important Link To Wall Street
« Reply #2 on: February 09, 2017, 05:28:51 pm »

Is buzzfeed real news?
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Xenon481

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Re: Prosper Has Lost Its Most Important Link To Wall Street
« Reply #3 on: February 09, 2017, 05:32:46 pm »

faithful_steward2

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Re: Prosper Has Lost Its Most Important Link To Wall Street
« Reply #4 on: February 10, 2017, 07:07:42 am »

This is the type of activity seen just before bankruptcy. I havent cared to look at their financials in years. Whats their cash situation right now?
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Flying Missle

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Re: Prosper Has Lost Its Most Important Link To Wall Street
« Reply #5 on: February 16, 2017, 11:21:22 am »

This is the type of activity seen just before bankruptcy. I havent cared to look at their financials in years. Whats their cash situation right now?
If the situation is dire, I wouldnt be surprised to see either another fin tech company buy them, or more likely, a traditional bank and use them as another arm for loan growth.
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Walkowiak

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Re: Prosper Has Lost Its Most Important Link To Wall Street
« Reply #6 on: December 12, 2017, 09:31:18 am »

Are these great Gold Standard whey protein results real news?

Depends what you mean by real. Whats the latest news on this, hows Prosper doing? Are they going under?
« Last Edit: February 01, 2022, 06:25:40 am by Walkowiak »
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