, Columnist
Social Finance and Broker Complaints
Also more Chan Zuckerberg, boring banking, Uber, etc.
Social finance.
If you click on only one link in today's Money Stuff, you might as well make it this one, which goes to a photograph of SoFi chief executive officer Mike Cagney sitting in his shorts on a leather couch next to big Harvard and Dartmouth pennant pillows in an otherwise sparsely furnished and strangely lit room. I could stare at it for hours. It's attached to this Bloomberg Businessweek article about SoFi, or Social Finance, the ... social ... finance ... company that wants, in Cagney's words, to "kill banks." In the picture, Cagney looks like he has killed some banks and stored them in his freezer. No one could look at that picture and confuse SoFi with a traditional bank, even with the Harvard pennant.