Death of Innovation? A Banking Startup's Swift Demise

Comments (3)


(3) Comments


Who's Who in Auto Lending Investigations
As U.S. auto lending has boomed, the industry — especially its subprime sector — has become a growing target for a slew of prosecutors and regulators. Here are seven government agencies to keep an eye on.

(Image: Bloomberg News)

Comments (3)
Blaming those damn regulators is far easier than admitting an idea is flawed, isn't it?
Posted by TJR Easton | Tuesday, January 15 2013 at 12:53PM ET
If the promoters of the scheme would not even answer American Banker's questions, why are you defending them in your mag?
Posted by williama | Tuesday, January 15 2013 at 1:28PM ET
Thanks for your comment/question. We're not defending them; just reporting on them ... and pointing out that innovating sometimes means running afoul of regulation, and that regulating sometimes means clamping down on innovations.

-Heather Landy, Editor in Chief, American Banker Magazine
Posted by hlandy | Tuesday, January 15 2013 at 1:47PM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Fiserv is a leading global provider of information management and electronic commerce systems for the financial services industry.
Learn More
Informa Research Services is the premier provider of competitive intelligence, mystery shopping, and compliance testing services to the financial industry.
Learn More
CSC is a leader in private-label, third-party loan servicing with 30+ years of proven experience in delivering effective, cost-effective solutions.
Learn More
Already a subscriber? Log in here
Please note you must now log in with your email address and password.