A Social Lender Pursues a Radical Experiment in Financial Transparency and Participation

On a rainy evening in March, sixteen people gathered in a tucked away conference room in Brooklyn. Before the evening was through, they would decide among themselves a key rate of interest that would affect borrowers and investors across the country. But this was no illicit cartel. There wasn’t a cigar-chomping banker in sight. The … Continue reading A Social Lender Pursues a Radical Experiment in Financial Transparency and Participation