Marketplace Morning Report for Monday, April 27, 2015
Airing on Monday, April 27, 2015: First up, the once powerful leader of one of the controlling clans at the German automaker Volkswagen has resigned after provoking then losing a power struggle. More on that. Plus, insurance rates for vehicles vary widely from state to state, a new survey shows. We look at state regulations and other factors that explain the differences. And you know when you go to your Uncle Freddie and ask to borrow money? You know, instead of putting on a tie and going to plead at a bank? Renaud Laplanche is CEO of a San Francisco-based company called Lending Club where Uncle Freddie types with money to lend can mix and match with people who need money. We talk to Mr. Laplanche to figure out just how it works.
Airing on Monday, April 27, 2015: First up, the once powerful leader of one of the controlling clans at the German automaker Volkswagen has resigned after provoking then losing a power struggle. More on that. Plus, insurance rates for vehicles vary widely from state to state, a new survey shows. We look at state regulations and other factors that explain the differences. And you know when you go to your Uncle Freddie and ask to borrow money? You know, instead of putting on a tie and going to plead at a bank? Renaud Laplanche is CEO of a San Francisco-based company called Lending Club where Uncle Freddie types with money to lend can mix and match with people who need money. We talk to Mr. Laplanche to figure out just how it works.