Thursday, August 1, 2013

UK Archbishop Kicks Over Lender's Table, Starts Own Biz

Not for the first time, Justin Welby, the head of the Church of England and the archbishop of Canterbury, took a jab at UK-based online lender Wonga, claiming he told Wonga's CEO, "we're trying to compete you out of existence." The Church of England is in the process of forming its own quasi-lending agency -- the "Anglican Mutual Credit Union" -- for clergy and employees.

Source: http://www.technewsworld.com/rsstory/78618.html

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