Morning Scan: Lending Club Twist; Post-Crisis Blame Game

Receiving Wide Coverage ...

Treading Water: Renaud Laplanche, co-founder and former chief executive of Lending Club, is rumored to be in talks with banks and private equity firms regarding financing a buyout of the online lender. After his ousting in May, Laplanche had engaged the firms in preliminary talks about acquiring and taking Lending Club private, though they may not lead to a deal. Meanwhile, Lending Club has postponed its annual meeting to June 28 because...