Crowdfundinsider carries news of Lord Turner’s apparent rethinking and clarification – to put it politely – of his remarks about P2P on BBC Radio 4’s Today programme earlier this year. “Lord Adair Turner: Direct Lending May Make the Financial System More Stable. “The above statement came from Lord Adair Turner in a speech delivered at […]
Regular visitors to this site will be aware of the ire aroused by the remarks of Lord Adair Turner on BBC Radio 4’s Today programme back in February. The former boss of City regulator, the Financial Services Authority (now superseded by the Financial Conduct Authority [FCA]) attracted sharp criticism from the alternative-finance sector, Money&Co. very much […]
We note with interest – and broad approval – remarks made by Samir Desai, co-founder of our bigger brother in the peer-to-peer (P2P) lending sector. Speaking at AltFi’s recent conference, Mr Desai reacted to Lord Adair Turner’s remarks on the BBC’s Radio 4 Today programme. Lord Turner criticised the credit-analysis process and lending policies of […]
Lord Turner’s remarks about the credit-analysis process in peer-to-peer (P2P) lending – which is what we do – on BBC Radio yesterday are getting plenty of feedback. Very little of it is positive. The excerpt below is from an article by Emma Dunkley in the Financial Times: “P2P industry hits back at Lord Turner’s warning […]
Business Insider is one of the first to report on interviews given by Lord Turner (ex-FSA, as was, chairman) to the BBC. We didn’t hear the Radio 5 interview cited below (although it may have been recycled from the interview on Radio 4’s Today programme, which we did hear) this morning. See the 6.45 interview […]