Latvians pledge their soul as loan collateral from al-Arabiya reports that Latvians, who have been especially hard hit by the global financial crisis, can sell their souls for a few hundred dollars to the Kontora comany run by Viktor Mirosiichenko.
Clients have to sign a contract, with the words "Agreement" in bold letters at the top. The client agrees to the collateral, "that is, my immortal soul."
Mirosiichenko said his company would not employ debt collectors to get its money back if people refused to repay, and promised no physical violence. Signatories only have to give their first name and do not show any documents.
"If they don't give it back, what can you do? They won't have a soul, that's all," he told Reuters in a basement office, with one desk, a computer and three chairs.
Getting a MBA degree is really an unforgettable experience. I have also such experience when I got my degree from Chicago university.
http://studentsblog2.blogspot.com/2009/09/information-about-2009-student.html
Posted by: Robin Smith | September 18, 2009 at 02:32 AM