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Lending Club shares are crashing after its CEO resigns
https://tctechcrunch2011.files.wordp...lub2.jpg?w=680 Lending Club shares are down more than 25% — shaving off hundreds of millions of dollars off the company’s roughly $2.5 billion market cap — after it announced its CEO would resign following an internal review of $22 million in near-prime loan sales to a single investor. Renaud Laplanche will leave the company after a review of a loan sale that didn’t meet the… Read Morehttp://feeds.feedburner.com/~r/techc...~4/EeVuUcSNAwk
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