[lbo-talk] Spain deploys debt collectors in top hats and tails to humiliate debtors

B. docile_body at yahoo.com
Thu Aug 21 13:54:13 PDT 2008


[Pic at URL of a dapper-looking Spanish debt collector. -B.]

http://news.yahoo.com/s/nm/oukoe_uk_spain_debtors

Debt collectors in top hat and tails prosper

By Jason Webb Thu Aug 21, 2:12 AM ET

MADRID (Reuters) - If more confirmation were needed of the funereal state of Spain's economy, it can be found in the shape of The Debt Collector in Top Hat and Tails.

That's a translation to English of "El Cobrador del Frac", the name of a company which specializes in sending men dressed like extras from a 1930s Fred Astaire movie to humiliate debtors into paying up. Its business is booming.

[...]



More information about the lbo-talk mailing list