Rice’s Riffs

Last week LendingTree had two crises. Crisis 1The first, was relatively small. A few former employees used their access to customer inquiries (leads), most likely for personal gain, to give unauthorized lenders access to LendingTree’s Lenders Network. Sure, I and a lot of other people can think of the worst possible ramifications of this incident. [...]

I guess the market agreed with my positive outlook on the break-up of IAC/InterActiveCorp. IACI was rewarded with a $2.22 a share and 7.49% increase and one of the NASDAQ volume leaders for yesterday.