Category Archives: Food for thought

Hats off to Lord Turner

By | Food for thought | No Comments

One has to applaud Lord Turner’s speech at the Lendit Conference on 11th October. It takes a real man to admit he was wrong.
Having dismissed Peer to Peer lending (P2P) in the past as something “that will incur losses that will make bankers seem like lending geniuses”, he now says “P2P is likely to become a stable and significant part of the financial system”.

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