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Thanks for checking out this episode of BanktasticTV’s “The Burst.” Here are some important notes about this episode:

The US Economy & Wall Street
With bailouts, buyouts and bankruptcy making news every day lately, we had to touch on it in this week’s episode. How and when will this affect us as consumers? Why aren’t some companies just allowed to fail? Is this coming out of the pockets of taxpayers? In trying to make sense of what this means for us and our economy, we brought the issue up. Feel free to expand on your thoughts of the recent downturn by commenting on the blog.

Discrimination in P2P Lending
I shared an article that I found on the Marketing ROI blog regarding research done on a year’s worth of activity on the P2P lending site, Prosper. According to the research, African-Americans, older borrowers, members considered unattractive or without an image at all were less likely to be bid on, while lenders tended to favor military members and single women. It was very interesting to read that even slightly altering the information that someone looking for a loan wrote out would make a difference in the amount of bids they received. This included changing your picture to something pleasant, or not getting too detailed to prevent giving a negative feel to your loan request.

Student Internship Help!
We’re working on starting an internship program, and we’re looking for some feedback. If you’ve ever started a program like this and have any pointers or information we could benefit from, please send it our way! We’ll be scouting at local universities to find the right fits, and look forward to helping some undergrads get their foot in the door.

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Email Us!
Feel free to email comments or suggestions about “The Burst” to brad@banktastic.com, or post your thoughts on the Banktastic Community.

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See you next week!

-The Banktastics