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February 05, 2006

Prosper.com - People-to-People Lending

Prosper.com, a new online marketplace for people-to-people lending, has a new website up and available tonight.

Read about how it works and the fees charged both borrowers and lenders. And, more about the management team and investors, several of whom were involved in the early days of eBay and ELOAN.

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Payday Loans in Virginia

Jay Speer, acting director of the Virginia Poverty Law Center, writes an op-end piece for the Daily Press in Hampton Roads, VA about the rapid growth in payday loans in that state and reform he wants to see to address the problems he sees.

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AuctionBytes: Online Payment Survey Results

Ina Steiner reports for AuctionBytes on an online payment survey of readers conducted during January.

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A Peek Inside A Federal Reserve Bank Branch

John Harrington writes for the Helena (MT) Independent Record about the Helena, Montana branch of the Federal Reserve Bank of Minneapolis.

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Bank Of America Rode Tiny Roots To The Top

Ted Griffith reports for the Wilmington (DE) News Journal on the history, growth and future of Bank of America following its recent acquisition of MBNA.

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Visa Focuses on Winter Olympics, Not Super Bowl

Frank Green writes for the San Diego Union-Tribune about how this year Visa USA is skipping the Super Bowl and focusing its advertising spending on the upcoming Winter Olympic Games.

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A Nation Addicted to Oil -- and Debt

Tom Petruno writes for the Los Angeles Times about the US economy and the addiction that both consumers and government have to debt.

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Potential Private Equity Buyout of Experian

Mark Kleinman reports for The Sunday Times (UK) about US private equity firms Hellman & Friedman and Kohlberg Kravis Roberts working to put together an offer to acquire Experian from parent GUS (Great Universal Stores).

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