Prosper.Com: eBanking beyond PayPal

As a bank employee, I find this new website to be more than a little troubling. Because the idea of a direct lender-to-borrower arrangement might threaten my job? No. Because money tends to bring out the worst in people, and I can only imagine the kinds of complicated lawsuits and painful problems this site is setting its users up for. I hope I am wrong, but I suspect before too many years are out you will see this site attacked for...
1. Being used to launder money,
2. Being used to channel bribes to public officials,
3. Being used to direct money to terrorism,
4. Failing to release money to someone who needs it for life-saving medical procedure...
and so on. Banks are HEAVILY regulated to prevent misuse of financial systems. I hope Prosper.com has implemented at least half of those controls, but it looks like the kind of "quick, cheap, and easy" implementation you expect of the internet. i.e. Very efficient (which is good) but also very hard to control (which is bad).