I recently interviewed Chris Larsen, the CEO of Prosper, about their new and improved rating system for borrowers. I’ll be honest, he didn’t give away much that can’t be found already on the Prosper blog. Apparently there is also a white paper describing the new rating system (which they promised to send but have not [...]
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How to read the TED Spread: A higher spread indicates less faith in the strength of the banks. Typical spread is between 10 and 40 basis points. On September 17, 2008, the TED spread exceeded 300 bps. (Wikipedia)
How to read the Baltic Dry Index: Tracks the price of shipping worldwide. Increasing prices mean there is more worldwide activity. (Wikipedia)Polls
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