Description: Lending Club Founder and CEO Renaud Laplanche is disrupting traditional banking by getting investors to lend directly to consumers online.

Source: CNNMoney.com – video report

Date: Oct 25, 2013

Link: http://money.cnn.com/video/investing/2013/10/25/investing-lending-club-peer-to-peer-loans-banking.cnnmoney/index.html

Questions for Discussions:

• Describe the business model presented in this report.
• What are the pros and cons to the regular banking system?
• Do you think this sort of business will appeal to investors?