Quote Originally Posted by biggr View Post
77% of OnDecks float is owned by institutional investors and mutual funds. I think the trend moving forward with the banks shunning small business loans are looking to get into these markets, it seems feasible that we could see a consolidation in the industry once all the riff raff is sorted out.. Wells Fargo and JPM already nosing around and if JPM takes that step, all bets are off... Personally I am in agreement with Zach.. I think he nailed it...
The best thing about this entire thing....

Jamie Dimon was asked what he thought of the difficulties on-line lenders are having raising capital...

"That's their problem"..

I love him-