Daily Show

I’m the guest tonight. Seriously. I’m filling in for poor Henry Waxman, who had to go to the hospital (he’s feeling better now, though). Update: It’s all on tape now, and I think it went well. Stewart asks more intelligent questions than pretty much anybody on TV. And now for the information you’ve all been [...]

Peer-to-peer lending and the unreliability of good-looking people

Peer-to-peer lending is the would-be Web 2.0 replacement for our naughty banking system. In recent months I’ve had visits from both Prosper CEO Chris Larsen and Kiva CEO Premal Shah. Larsen waxed eloquent about how Prosper’s peer-to-peer approach amounted to a better, more transparent alternative to loan securitization. Shah talked about how Kiva, a non-profit [...]