Javelin Strategy and Research » Riverside residents recommend social lending Web sites – Annotated tags: social lending, p2p lending, javelin, clblog While the sites are not yet grabbing huge chunks of business from traditional banks, Javelin projects that the demand for social lending services to pay off credit card debt could grow from $38 billion in 2007 to $159 billion by 2012. P2P-Banking.com Blog » Cashare launches first p2p lending service in Switzerland – Annotated tags: p2p-banking.com, social, lending, switzerland, cashare Swiss Cashare.ch recently launched as the first p2p lending platform in Switzerland. The company, owned by Michael Borter (link … Continue reading things I read yesterday … 04/15/2008

5 Ways To Lend Money Online  Annotated tags: p2p lending, clblog With the United States’ economy flirting with the word “recession”, people are looking to get out of debt. Banks aren’t always eager to give out loans for things like paying off a credit card, and this situation has given rise to social lending. Some sites let you collect interest as the lender, and some simply give you the opportunity to help someone out. If you’re interested in lending money online, we’ve got five such services for you to look at. Continue reading things I read yesterday … 04/08/2008

IBM to establish Europe’s first Cloud Computing Centre in Mulhuddart, West Dublin and create 21 new jobs  Annotated tags: cloud computing, mulhuddart, IBM “Responding to demand in the market, we are moving fast to build an integrated cloud computing operation. We are adding Europe’s first Cloud Computing Centre at Dublin and more facilities into a network of existing centres in China, Vietnam and the U.S. The centres can bring skills and expertise to serve our clients in building their own new enterprise data centres,” said Dr. Willy Chiu, Vice President of High Performance On Demand Solutions, IBM Software Group. With such … Continue reading things I read yesterday … 04/07/2008

reportonbusiness.com: Canada continues to create jobs  Annotated tags: clblog, economy, reportonbusiness “Canadian employment is still holding up well, with no obvious signs of stress outside of the beleaguered manufacturing sector,” said deputy chief economist Doug Porter in a note to clients. “The bounce in the unemployment rate is as much a reflection of the tidal wave of people pouring into the work force as a sign of weakness in the job market,” he noted. “After all, employment is still up 1.9 per centfrom a year ago, which would normally be seen as a solid increase.” It’s Hard to Thaw a Frozen … Continue reading things I read yesterday … 04/05/2008

reportonbusiness.com: Ontario teetering on brink of recession: RBC  Annotated tags: ontario, recession Ontario, Canada almost into recession Like the United States, Ontario’s economy is “on the brink of recession” in 2008, says Royal Bank of Canada in a report released Thursday morning. The drag on Ontario’s exports will mean that Canada’s biggest province will only eke out 0.8 per cent growth of its gross domestic product this year, the report says. FT.com / Home UK / UK – $100bn pulled out of equity funds  Annotated tags: cash, equity markets Record amounts of cash on the sidelines as the markets await the next … Continue reading things I read yesterday … 04/03/2008

FT.com / World / US & Canada – Bush and Brown in push to deal with crisis  Annotated tags: UK, US, credit crisis George W. Bush, US president, and Gordon Brown, UK prime minister, have agreed to step up co-operation over the crisis in financial markets. They are setting up a joint working group which will develop plans to monitor and regulate the banking system. FT.com / Companies / Financial services – London’s rise concentrates minds in US  Annotated tags: financial centre, london, new york This headline from last year, pre credit crisis is provocative in terms of which centre [London & … Continue reading things I read yesterday … 03/31/2008