With An IPO On Its Radar, Lending Club Adds Former Treasury Secretary Larry Summers To Its Heavyweight Board

Today, Larry Summers became the latest prominent name to endorse Lending Club -- the fast-growing peer-to-peer lending company that aims to connect creditworthy borrowers with smart investors -- as the former U.S. Treasury Secretary joined the company's growing, star-studded board of directors. The economist, also known for serving as the 27th president of Harvard University and as the Director of the National Economic Council for President Obama, joins names like John Mack, the ex-chairman and CEO of Morgan Stanley, and Kleiner Perkins Partner Mary Meeker.

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