[PRIMO CASH]

Lending Club is dealing with lawsuits and investigations as well. Opened IPO at $29 I believe, down to $13 now. Moral of the story, DON'T GO PUBLIC IN THIS SPACE.....

[Chambo]

Lending Club is dealing with lawsuits and investigations as well. Opened IPO at $29 I believe, down to $13 now. Moral of the story, DON'T GO PUBLIC IN THIS SPACE.....

or more importantly, don;t cook your books to investors.

Unlike on these boards or with PR NEWS, where you can say anything you want about your earnings, or default rates, when dealing with publically traded entities, you actually have to tell the truth and expose your books to impartial inspection.