|
|
Post by skint4achange on Nov 24, 2017 12:35:25 GMT
It would appear on the FAQ pages for investors that the Daily Tele***** has printed a retraction/correction of it's article about the Lendy platform that it recently printed.
I never received an email about this and must say I am surprised that Lendy kept quiet about that??  I would have thought they would have been shouting that from the rooftops.
|
|
Steerpike
Member of DD Central
Posts: 1,977 
Likes: 1,687
|
Post by Steerpike on Nov 24, 2017 12:47:47 GMT
Is that the same Daily Telegraph that was promoting Lendy in July ? |
|
|
|
Post by skint4achange on Nov 24, 2017 13:02:42 GMT
Is that the same Daily Telegraph that was promoting Lendy in July ? Hmmm.... A joint promotion is a bit different from outright promoting the business with no financial gain. However, I take you point. One minute saying they are partnering them and the next claiming they are on the brink of collapse!!
Just shows, even the good old honest media in the UK will do anything for a bit of self promotion!! 
|
|
ianj
Member of DD Central
Posts: 656
Likes: 520
|
Post by ianj on Nov 24, 2017 13:18:10 GMT
It would appear on the FAQ pages for investors that the Daily Tele***** has printed a retraction/correction of it's article about the Lendy platform that it recently printed.
I never received an email about this and must say I am surprised that Lendy kept quiet about that?? I would have thought they would have been shouting that from the rooftops. Without trying to be too cynical, bringing attention to the badly researched negativity might also shine the spotlight on elements of the article which were, quiet correctly some here might say, less than positive!
|
|
|
|
Post by skint4achange on Nov 24, 2017 13:23:39 GMT
I agree with you to a point, but what I was saying is that they have not highlighted this to all the registered users. Most of which are aware of the article in question, some of which are probably no longer investing in Lendy because of it.
Reminding your own registered users of the contents of the article probably won't make any of the investors that chose to continue their investment after the article to stop investing. But it may get some of those that chose not to invest further to reconsider their position.
If some came back, more liquidity in the markets (Self serving I know but good for the platform too)
|
|
1stwaz
Member of DD Central
Posts: 57
Likes: 29
|
Post by 1stwaz on Nov 24, 2017 17:53:38 GMT
I haven't been able to find the correction only the original article can anyone send a
pm link?
|
|
GeorgeT
Member of DD Central
Posts: 1,322
Likes: 1,576
|
Post by GeorgeT on Nov 24, 2017 18:54:32 GMT
I haven't been able to find the correction only the original article can anyone send a pm link? An extra paragraph has been added to the bottom of the original DT article in italics. None of the original article wording has been changed. So the link is the same. The extra bit just clarifies that LY is working with the FCA towards achieving full authorisation rather than being investigated by the FCA.
|
|
keith
Member of DD Central
Posts: 118
Likes: 72
|
Post by keith on Nov 24, 2017 21:31:16 GMT
Frankly, that is just semantics.
My son has been denied entry to our school of choice and the authorities are investigating
We are working with the authorities to gain a place for our son at our school of choice
Some of Lendy’s hot lawyers extracted that one from the DT rather than spend the time fighting a loser on a shed in Somerset methinks.
|
|
|
|
Post by lendinglawyer on Nov 24, 2017 23:36:19 GMT
Is that the same Daily Telegraph that was promoting Lendy in July ? Hmmm.... A joint promotion is a bit different from outright promoting the business with no financial gain. However, I take you point. One minute saying they are partnering them and the next claiming they are on the brink of collapse!!
Just shows, even the good old honest media in the UK will do anything for a bit of self promotion!!
I think actually it’s just an example of the financial/advertising department being distinct from the editorial/journalism department, which is standard best practice in the media. Take for example when the bbc website publishes stories about male talent being paid more than female talent. Seems like a shot in the foot. But if they didn’t...
|
|
|
|
Post by skint4achange on Nov 24, 2017 23:38:09 GMT
Hmmm.... A joint promotion is a bit different from outright promoting the business with no financial gain. However, I take you point. One minute saying they are partnering them and the next claiming they are on the brink of collapse!!
Just shows, even the good old honest media in the UK will do anything for a bit of self promotion!!
I think actually it’s just an example of the financial/advertising department being distinct from the editorial/journalism department, which is standard best practice in the media. Take for example when the bbc website publishes stories about male talent being paid more than female talent. Seems like a shot in the foot. But if they didn’t... Spoken like a true lawyer!!
|
|
webwizard
Member of DD Central
Posts: 157
Likes: 145
|
Post by webwizard on Mar 27, 2018 6:56:34 GMT
|
|
rocky1
Member of DD Central
Posts: 1,139
Likes: 1,963
|
Post by rocky1 on Mar 27, 2018 7:19:53 GMT
i think it would be a different story now if FCA walked into LENDY towers and went through the whole loan book and the practice's that are going on.not exactly what is expected of a FCA regulated company
|
|
I would have thought they would have been shouting that from the rooftops.
