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Chronicles

The story behind the story

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How a Lending Club user mined the company's data to uncover shady loans made to Lending Club insiders and repeat borrowers

very disappointing scandal http://www.bloomberg.com/... Can numbers from fintech upstarts be trusted? Anil Dash / @anildash : Looks like @LendingClub has been buying its own mayo, so to speak. http://www.bloomberg.com/... Max Chafkin / @chafkin : If you liked our story about a mayo company buying its own mayo, you'll love sequelhttp://www.bloomberg.com/news/ features/2016-08-18/how-lending-club-s- biggest-fanboy-uncovered-shady- loans ... Mike Dudas / @mdudas : The “no big deal” response by the Foundation Capital VC to clear fraud at Lending Club is a stunner. http://www.bloomberg.com/... Anil Dash / @anildash : There is no “tech industry”. Using an overly-broad term increasingly enables companies to get away with misbehavior. http://medium.com/...

Bloomberg