Today’s Economist has an article about a new America entrant Prosper Marketplace to the person-to-person lending space so far occupied by Zopa. Yet more disintermediation for the banks, while the rest of us have the opportunity to access either easier credit or higher interest rates, depending on whether we are borrowing or lending. If I had the spare readies, and someone would just invent e-kneecapping for defaulters, it would be quite tempting to become a big credit shark in my own little pool.

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