Putting the Fall of LendingClub in Perspective

By Kathryn Judge May 10, 2016 by ilyabeylin

On Monday, LendingClub Corp., a leader in the growing online lending space, announced the surprise resignation of its founder and CEO, Renaud Laplanche. Laplanche resigned in response to a board investigation that revealed a number of internal control failures, including …

Intermediary Influence in Action: Focusing on the Core

By Kathryn Judge November 9, 2015 by ilyabeylin

Is “intermediary influence” all that unique? Can it be isolated? And how much harm really results? These are among the questions Professor Lawrence Cunningham poses in his thoughtful essay and recent post responding to my work on how intermediaries alter …

The Role and Costs of Intermediaries in Financial Markets

By Lawrence A. Cunningham November 9, 2015 by ilyabeylin

In an important new article, Intermediary Influence, Columbia University Professor Kathryn Judge explores the persistence of high fees in the financial services sector, and attributes the costly phenomenon to political clout of financial intermediaries. Through a series of …

The CLS Blue Sky Blog

Columbia Law School's Blog on Corporations and the Capital Markets

intermediary

Putting the Fall of LendingClub in Perspective

Intermediary Influence in Action: Focusing on the Core

The Role and Costs of Intermediaries in Financial Markets