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Wednesday, October 31, 2018

Stefanowski’s company lobbied for high-interest loans while he was CEO

Bob Stefanowski, the Republican candidate for governor, says he is a corporate reformer who was not responsible for gouging consumers when he was chief executive officer of one of the world’s largest short-term loan companies. But during the same period he claimed to be changing the corporate culture of the Dollar Financial Group, one of his top lieutenants fought Hawaiian lawmakers in a successful campaign to retain the company’s high-interest rates in that state. Separately, a former co-worker of Stefanowski’s from General Electric in the 1990s, who as a U.S. Army major had to deal with the aftermath of short-term loans taken out by his troops, has joined Democrat Ned Lamont’s campaign for governor.

from News https://www.ctpost.com/local/article/Stefanowski-s-company-lobbied-for-high-interest-13352719.php

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