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Daily Archives: January 22, 2013

Is Silicon Valley becoming the new Wall Street?

Photograph by Lachian Currie

Is Silicon Valley becoming the new Wall Street?

Banks’ Pain Is Startups’ Gain

As major banks grapple with layoffs, fewer bonuses and expensive legal bills from mortgages gone bad, financial startups are gaining momentum. Three announcements out of Silicon Valley today illustrate how hot this industry is. Prosper Marketplace, a provider of personal...

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