Whenever one business buys out of the assets of some other business with accurate documentation of awful company techniques, it is typically purchasing responsibility for the liabilities, too: all of the debts, most of the appropriate problems, most of the misdeeds regarding the past.
Exactly what about whenever an administrator gets control of the utmost effective work at a company that is troubled? Does he or she assume instant, individual fault for the outfit’s unethical company behavior? Can there be any grace period to wash shop?
That philosophical concern resounds within the ad that is latest from gubernatorial prospect David Stemerman inside the continuing marketing fight with other Republican Bob Stefanowski. In “Payday Bob,” Stemerman attacks Stefanowski’s tenure as CEO of Dollar Financial Corp., which operated a giant string of payday-lending shops in Britain, Canada and elsewhere — and got in big trouble for mistreating clients.
“Bob Stefanowski calls himself Bob the Rebuilder,” Stemerman’s advertising starts, talking about a previous stefanowski advertisement. “The simple truth is, Bob went a payday-loan company — the sort that’s illegal in Connecticut.”
That intro is simply real. Connecticut legislation doesn’t especially club pay day loans by title, but state statutes restrict the attention and costs that Connecticut-licensed loan providers can charge, effortlessly outlawing firms that are such. (A loophole allows storefront business owners to arrange payday advances through loan providers certified in other states, but that is another story.)
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