[TStein]

Anyone have any ideas about how Lending club could've handled this differently?

Better compliance for all levels and less greed at the top.

I refer to an old DailyFunder article from a long time ago, " Journalists and insiders often refer to merchant cash advance and the rising alternative business lending industry as the wild west." (And this does refer to FinTech as a whole)

That is from 2014. Fast forward to 2016 and I'd say the law is slowly on its way.