How Wall Street Waltzed LendingClub Into Crisis

The video discusses John Mack's involvement with Lending Club, highlighting his role in connecting the company with Morgan Stanley and the importance of institutional money for its growth. It also covers Morgan Stanley's significant investment in Lending Club, which turned out to be a poor decision as the stock value deteriorated. The video concludes with the challenges and uncertainties facing Lending Club, including regulatory scrutiny and investor hesitation.

What were the circumstances that led to John Mack joining Lending Club?

How did the relationship between Lending Club and Morgan Stanley evolve over time?

What role did institutional money play in the growth of Lending Club?

What were the implications of Morgan Stanley's investment in Lending Club?

What challenges does Lending Club face following the departure of its CEO?