Keen On… Taxis: The Real Dangers of Riding In an Uber Car

Well, this is def one way to regulate!


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According to Bill Rouse, the GM of Yellow Cabs of Los Angeles, riding in an Uber car is more dangerous than catching a traditional cab. Firstly, he says, there’s a chance that your driver might be a convicted felon – a situation, he says, that was particularly true of some of the earliest Uber drivers in Los Angeles. Equally worrying, Rouse says, there are “major gaps” in Uber’s insurance which is putting the public at rest in such tragic cases as the death of the six-year old girl, Sophia Liu, on New Year’s Eve of last year.

The key issue, Rouse says, is regulation. The self regulation of the sharing economy, he insists, “doesn’t work”. So not only does Uber need to change its insurance policy to cover their cars 100% of the time, but vehicle inspection needs to be put into place and there needs…

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With Over $100M Raised, P2P Lending Platform CommonBond Expands To 100 Programs To Help Grad Students Reduce Debt


New York City-based CommonBond launched in late 2012 on a mission to bring the the power of person-to-person lending and crowdsourcing to the student debt crisis. With student debt in the U.S. having surpassed $1 trillion, college grads find themselves in an ugly situation today when it comes to subsidizing their education. Borrowing money from Uncle Sam means turning to federal loans and their high, fixed interest rates, while the big players in the private market appear content to maintain the status quo.

Companies like CommonBond have emerged in response to the student loan crisis, leveraging the popularity of peer-to-peer lending platforms like LendingClub and Prosper to give student borrowers a better shake. By connecting borrowers directly to alumni and a larger network looking to give back to graduates from their alma maters and see a steady return to to boot, CommonBond is becoming an increasingly attractive alternative.

The startup

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