The other important point to note is that the new/current Prosper has the agreements structured such that they, not the lenders, own the notes. The original ri

The other important point to note is that the new/current Prosper has the agreements structured such that they, not the lenders, own the notes. The original risks were that borrowers wouldn't pay and that Prosper wouldn't live up to their agreement (the effects of both of which are reflected in the graphs at http://fred93blog.blogspot.com/2009/08/prospercom-080109-late-loan-stats.html http://fred93blog.blogspot.com/2009/08/prospercom-080109-lat...). Now a lender contends with a third risk, which is Prosper's own insolvency, a highly likely outcome, considering the lawsuits they face.