Posted AT 7:38 AM EST on 21/08/08
In top hat and tails, Spanish debt agents prosper
MADRID — If more confirmation were needed of the poor 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.
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