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Payday loan pitchman Montel Williams to complete Obama jobs event

Payday loan pitchman Montel Williams to complete Obama jobs event

President Obama often rails from the high-interest loans industry — but that didn’t stop loan that is payday Montel Williams from being tapped to headline a conference when it comes to president’s jobs council event next Wednesday in Atlanta.

This is the form of lender Obama was targeting as he installed Rich Cordray as director associated with the new Consumer Financial Protection Bureau in a controversial recess appointment.

???If you??™re a mortgage company or a payday lender or a credit card issuer, the times of signing people up for products they can??™t afford with confusing forms and deceptive practices are over,??? the president explained inside the State associated with the Union address.

The company and its lawyer declined to respond for comment.

Williams won??™t be telling students at Georgia Tech next Wednesday on how to snag a $1,000 loan overnight. He will be moderating a panel with Intel CEO Paul Otellini and NASA Administrator Charles Bolden to market engineering education.

Intel spokeswoman Lisa Malloy said the ongoing company picked Williams to guide the discussion because of his background as a U.S. Naval Academy-trained engineer.

Williams is ???enthusiastic about participating in an working jobs panel that ensures the continuing future of our country,??? said his spokesman Jonathan Franks.

???He therefore does not have any concerns about being linked to the administration when you look at the context with this important event.???

And payday loans aren??™t the actual only real conjunction that is odd of, Obama and money: The Portland, Oregon TV station KATU reported during 2009 that Williams was hawking collectible Obama coins that were actually 50-cent pieces with stickers on it. Clic para leer más— »