Replies to post #94 on LendingClub Corp (LC)

[captainscotty]

$LC REALLY....? “Let me assure you that we are in a strong financial position with a substantial amount of cash and securities on our balance sheet -- $868 million,” Acting CEO Scott Sanborn wrote late Thursday in an e-mail to investors who buy the company’s loans. “We plan to be around for many years to come.”

http://www.bloomberg.com/news/articles/2016-05-20/-let-me-assure-you-lendingclub-s-new-chief-tells-investors?cmpid=yhoo.headline