Advance America Chairman was co-founder of Blockbuster video

Today’s news is that chairman and co-founder, George Dean Johnson, of payday lender Advance America Cash Advance Centers has stepped down, citing “personal reasons,” the payday business said Wednesday.

What I think is even more remarkable is that Mr. Johnson was one of the co-founders of Blockbuster video.

Founded in 1997, Advance America considers itself the largest payday lender in the world.

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