For example, Renaud Laplanche, CEO and founder of Lending Club, estimates that borrowers on his site pay 12% interest rates on average.
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Lending Club was founded by Renaud Laplanche, a French native who worked as a New York securities lawyer before launching database search firm MatchPoint.
Renaud Laplanche, cofounder and CEO of Lending Club. says his firm declines about 90% of all borrower applications, focusing on the 10% of borrowers with the best credit.
"Mais oui, " insists Renaud, who not only puts it on all his desserts but keeps an oak chest brimming with 20 varieties of gourmet sodium in his dining room.
Renaud Paul-Dauphin, the general manager of the Parisian house, says the increase is because affluent Japanese leaving the country are stocking up on shoes before they hit the road.
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The women's hammer throw gold, meanwhile, went to Russia's Tatyana Lysenko, while France's Renaud Lavillenie narrowly bested a pair of competitors from Germany to win gold in the men's pole vault.
Earlier Steve Lewis had finished a respectable sixth in the pole vault which was won by Australia's Steve Hooker in 5.90 metres with France's Romain Mesnil taking silver and Renaud Lavillenie bronze.
Research Technologist Ron Renaud says that such a configuration would be ideal for video conferencing -- it's still no match for an in-person meeting, but it's certainly an improvement over the traditional approach.
ENGADGET: Curved panel gives more depth to 3D projections, we take a look at NAB (video)
Like all 3D displays, you'll really need to see it for yourself to get an accurate impression of the experience, but jump past the break for an overview with Renaud, and a closer look at the screen.
ENGADGET: Curved panel gives more depth to 3D projections, we take a look at NAB (video)
Charles Renaud, 49, one of the club's founders and a former county commissioner, said the movie served as a catalyst but that the effort to rename the club had been in the making for a long time.
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