http://blog.zopa.com/archives/2007/09/25/opaque-banking-practices/ Zopa blog - updates, team, news, life and more. Thu, 11 Mar 2010 03:44:12 +0000 http://wordpress.org/?v=2.0.4 http://blog.zopa.com/archives/2007/09/25/opaque-banking-practices/#comment-150393 Sun, 17 May 2009 20:03:33 +0000 http://blog.zopa.com/archives/2007/09/25/opaque-banking-practices/#comment-150393 Good answer, I am looking for the solution of the same question. Find the movies or mp3 you are looking for at megaupload-download.com the most comprehensive source for free-to-try files downloads on the Web Good answer, I am looking for the solution of the same question. Find the movies or mp3 you are looking for at megaupload-download.com the most comprehensive source for free-to-try files downloads on the Web

]]> http://blog.zopa.com/archives/2007/09/25/opaque-banking-practices/#comment-91219 Sun, 30 Sep 2007 16:55:00 +0000 http://blog.zopa.com/archives/2007/09/25/opaque-banking-practices/#comment-91219 I've worked in the banking industry for over 20 years, have dealt in loans, swaps, commercial paper, futures, options and derivatives to name but a few. At the end of the day its the same money being passed around, however its packaged - there's always a winner and loser (usually the customer). I have great faith in Zopa (even more so than a Bank) because my money is spread between 800 borrowers so even if 30% of them lose their jobs - I should still get my money back, I would not have that same faith in a Bank because they take much bigger risks and have made commitments on money that they dont own, unlike Zopa who only lend out what comes in. Social Lending is one of those big changes that happen once in a generation, an opportunity not to be missed - and its only just begun. Here's to the future. Cheers! I’ve worked in the banking industry for over 20 years, have dealt in loans, swaps, commercial paper, futures, options and derivatives to name but a few. At the end of the day its the same money being passed around, however its packaged - there’s always a winner and loser (usually the customer). I have great faith in Zopa (even more so than a Bank) because my money is spread between 800 borrowers so even if 30% of them lose their jobs - I should still get my money back, I would not have that same faith in a Bank because they take much bigger risks and have made commitments on money that they dont own, unlike Zopa who only lend out what comes in.
Social Lending is one of those big changes that happen once in a generation, an opportunity not to be missed - and its only just begun. Here’s to the future. Cheers!

]]> http://blog.zopa.com/archives/2007/09/25/opaque-banking-practices/#comment-91037 Fri, 28 Sep 2007 15:31:48 +0000 http://blog.zopa.com/archives/2007/09/25/opaque-banking-practices/#comment-91037 Hear Hear - but how much of "Northern Rock's" money did we get at ZOPA and might we still not get caught in the wash of this whole thing? Our default rate is low now, but if the UK financial system goes into meltdown it will definitely rise. How many of our borrowers are, for example, Northern Rock employees who could lose their jobs over this fiasco? Hear Hear - but how much of “Northern Rock’s” money did we get at ZOPA and might we still not get caught in the wash of this whole thing? Our default rate is low now, but if the UK financial system goes into meltdown it will definitely rise. How many of our borrowers are, for example, Northern Rock employees who could lose their jobs over this fiasco?

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