Checksmart Financial and California Check Cashing Stores into Community Choice Financial in 2011, and over the years, acquired or rolled up other companies like CURO and Direct Financial Solutions to build what is now a network of nearly 500 locations nationwide.
Predatory lenders owned by private equity firms create incentives for their employees to mislead consumers on loan requirements. Private equity firms often pressure employees at predatory lenders they own to sell what are known as “add-on products.
Source: News Formal (newsformal.com)
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Hot Private-Equity Job Market Could Become Scorching With Noncompete BanA proposed federal ban on worker noncompete agreements could inflate already high private-equity salaries, while posing challenges to firms to keep top talent Oh god no. You mean you might actually have to pay people more? Quelle horreur! One of the worst ideas presented.
Source: WSJ - 🏆 98. / 63 Read more »
Bed Bath & Beyond reportedly selling assets to private equity firm, retailer says no commentThe New York Times has reported that Bed Bath & Beyond is the in the process of selling chief assets like Buy Buy baby to Sycamore Partners in New York. I was going to sell my product there but now I’m waiting to see what happens with them.
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New Bill Would Overhaul Colorado's Marijuana Delivery, Social Equity ProgramsJust over two years into the state's social equity initiative, a bill proposing to overhaul the program was introduced on the first day of the 2023 legislative session. This won't help, get rid of the 25% TAX on it. WTF is social equity?
Source: denverwestword - 🏆 315. / 61 Read more »
Healey offers more detail on her promised equity audit of Mass. governmentIn her inaugural speech last week, Gov. Maura Healey said that she would direct each agency under her administration to conduct a full equity audit. She expanded on that idea during an interview on Thursday. These people should look up the word equity and then speak about it. No equity in the Mass and Cass area.
Source: WBUR - 🏆 274. / 63 Read more »
MLK weekend to feature tributes, commitments to race equityAnnual tributes and commemorations of the life and legacy of the Rev. Martin Luther King Jr., which begin nationwide on Friday, typically include a mix of politics, faith and community service. For this year's celebration, the 37th since its federal recognition in 1986, a descendant of King hopes to spur progress by helping more Americans personalize the ongoing struggle for racial equity and harmony. “… tributes to race agenda”? WTF kinda wording is that, AP? White supremacists have a race agenda. Civil rights leaders and activists have a justice agenda.
Source: AP - 🏆 728. / 51 Read more »
MLK weekend to feature tributes, commitments to race equityThe CEO of the King Center in Atlanta says she hopes to spur progress during this year's observances of Martin Luther King Jr. Day by helping more Americans personalize the struggle for racial equity and harmony
Source: WOKVNews - 🏆 247. / 63 Read more »