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Banker Quotes: As Told To Me v6

Jeff For Banks

Bank SVP: the mortgage lending business is like a shark. And by the way, if Dodd-Frank tried to weed out bad actors in this market and put bankers back in the business, think again. Maybe social media is happening outside of the Marketing Department. Ever speak to the head of a mortgage origination shop?

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 800%, only to fall 740% from its peak by October 2002, giving up all its gains during the bubble. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

Payments via social media. HQ: Chatham, NJ. Tags: Peer-to-peer, P2P, lending, investing. Payroll and payment solutions for the underbanked. HQ: London, UK. Latest round: $2 million Seed. Total raised: $3.4 Source: TechCrunch. Blockchain derivatives. HQ: San Mateo, California. Latest round: $1.2 million Seed. DriveWealth.