How might a once-valued intermediary find itself threatened with disintermediation?

Through disinter-mediation the middle man or the banks, agents etc, are removed from the process of funding, and the organization decides to pay the customers directly. Thus the profits of the once valued intermediaries are killed, and hence they are threatened.

Explanation:

Disinter-mediation is riskier however, and the chances of it taking place is less.  Hence, the intermediary are not that threatened. However, if companies decides to go with it, they become the once valued intermediaries, and the companies now don't require to pay them their fee. Thus. the intermediaries are at big loss, and that is why they feel quite threatened from the disinter-mediation.

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;