http://www.diigo.com/user/Bankwatch/HBR Wed, 07 May 2008 01:59:49 -0000 Wed, 07 May 2008 01:59:49 -0000 http://conversationstarter.hbsp.com/2008/02/here_comes_the_p2p_economy.html <p>Just located the entire HBR article online with no subscription required</p><p><strong>Highlights and Sticky Notes:</strong><p><div class="content">It is only a matter of time before these digital systems close the arbitrage enjoyed by large banks, which lend at up to 15% interest but pay only about 5% on capital. Why do business with a bank when your network’s lending and savings interest rates are both 7%? To grasp the power of such a system, imagine your local credit union with the membership and social networking capabilities of MySpace.</div></p><p><p><strong>Tags:</strong> <a href='http://www.diigo.com/user/bankwatch/harvard+business+review' rel='tag'>harvard business review</a> <a href='http://www.diigo.com/user/bankwatch/clblog' rel='tag'>clblog</a> <a href='http://www.diigo.com/user/bankwatch/HBR' rel='tag'>HBR</a> <a href='http://www.diigo.com/user/bankwatch/p2p' rel='tag'>p2p</a> </p><p><strong>Posted by:</strong> <a href='http://www.diigo.com/user/bankwatch'>bankwatch</a></p> Wed, 07 May 2008 01:59:49 -0000 60