iPhone app iPad app Android phone app Android tablet app More

Spanish Sex Workers Punishing Banks By Withholding Sex From Employees

Posted: 03/26/2012 2:49 pm Updated: 03/26/2012 2:50 pm

Spanish Sex Workers

The key to getting banks to do what you want may be as simple as adopting a strategy that women's magazines have been advocating for years: withholding sex.

Members of the trade association for high-class escorts in Spain have stopped having sex with bank employees until they start providing credit to Spanish families and small businesses, according to RT. The union got the idea for the protest after one escort was able to convince a bank employee to grant a loan simply by saying she would stop her services until he "fulfills his responsibility to society."

Spain's banking sector has been targeted by a variety of critics as the country continues to suffer from a years-long economic crisis. Credit rating agencies downgraded some of the country's biggest lenders last month, according to the Financial Times. And with up to 200 foreclosures per day, the banks are taking heat from protesters and others for allegedly fueling a housing bubble by offering easy money that ultimately led to economic collapse.

Then there's the rampant unemployment. Amid the crisis, Spain lays claim to the highest jobless rate in the eurozone, at 22.9 percent.

Though the Spanish escorts' tactics may seem relatively unique, they channel other similar strategies used to protest big banks here in the United States. As part of a Lent-themed protest more than 20 churches pulled millions of dollars from big banks earlier this month to demonstrate against their foreclosure practices.

In addition, Occupy Wall Street, a social media push known as Bank Transfer Day and particularly notorious fees, helped to encourage consumers to move their money from big banks in droves. Membership at credit unions -- an alternative to big banks -- more than doubled between 2010 and 2011, according to the National Credit Union Association.

Still in some places banks are doing right by vulnerable clients. Sangini, a financial institution in Mumbai, India's red-light district, only serves sex workers in an aim to help them build savings and collect interest, the Los Angeles Times reports.

FOLLOW BUSINESS

The key to getting banks to do what you want may be as simple as adopting a strategy that women's magazines have been advocating for years: withholding sex. Members of the trade association for hi...
The key to getting banks to do what you want may be as simple as adopting a strategy that women's magazines have been advocating for years: withholding sex. Members of the trade association for hi...
Filed by Jillian Berman  | 
 
 
  • Comments
  • 36
  • Pending Comments
  • 0
  • View FAQ
Post Comment Preview Comment
To reply to a Comment: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to.
View All
Favorites
Recency  | 
Popularity
Page: 1 2  Next ›  Last »  (2 total)
photo
HUFFPOST SUPER USER
djuno1966
food taster for the astronauts
10:45 PM on 03/27/2012
so this protest is about deposits and withdrawals, sorta like the old "in-and-out"
10:23 PM on 03/27/2012
Thank you ladies!!!! and God bless!!!!!! Now if it only would happen in America!!!!!!!!!
olddognewtrick
Half full or half empty...It's the same
11:44 AM on 03/27/2012
Oh! So...no more penalty for early withdrawl?
08:56 AM on 03/27/2012
How come so many badge holders have taken an interest in this storey?
08:44 AM on 03/27/2012
What a good idea: one small deposit is all that is required and everbody's happy!!
photo
French Toast
MAPLE SYRUP
02:21 AM on 03/27/2012
I bet this was roughly their reaction:

http://weknowmemes.com/wp-content/uploads/2011/12/mother-of-god-meme.jpg
photo
EdCorner
Now what - more of the same...
08:02 PM on 03/26/2012
It figures, floozies have much more moral character than the banksters.
photo
HUFFPOST SUPER USER
oahutrading
07:05 PM on 03/27/2012
Please don't insult working people by comparing them to Bank criminals
07:43 PM on 03/26/2012
Well it sure beats sending in Ben Bernanke.
photo
HUFFPOST SUPER USER
karen1p
06:18 PM on 03/26/2012
These trollops are national heroes! It will be the trollops that save us! Send those A##holes home to their wives!!!
photo
StopThePlanet
Outlaw stupidity and only outlaws will be stupid
05:55 PM on 03/26/2012
Occupy Bourbon Street?
04:31 PM on 03/26/2012
I am sure they'll get a HAND on the situation soon and be a HEAD of the media reporting, as most employees are on the JOB during weekdays. Right Christina Hartman?
04:17 PM on 03/26/2012
Talk about being counter productive. The article states that Spanish banks are being criticized because they made credit too easy to obtain which helped fuel the Spanish housing bubble. Then the article commend the escorts for trying to influence the banks into granting easier and more credit to small buinesses and poor individuals. The escorts are being praised for attempting to cause more of the behavior that has destroyed the Spanish economy.
hgus
It's not about the economy, stupid
04:36 PM on 03/26/2012
Did you know that times change over the course of several years?

Did you know, that the banks, after having some problems, have recently tightened lending standards so much, that it is viturally impossible to get a loan now?

These women are not trying to solve a problem the banks created 4 years ago, they are trying to solve a problem that the banks are creating now!!
photo
HUFFPOST SUPER USER
Mydian01
two by two, hands of blue.
02:21 AM on 03/27/2012
your reading comprehension sucks.
03:49 PM on 03/26/2012
Now if conservative wives and girlfriends would take the same que some of the rights insanity could be contained!
This user has chosen to opt out of the Badges program
Gigantorman
Do not fear, I'm only here to bust chops
03:52 PM on 03/26/2012
Why does the pot always call the kettle black?
04:15 PM on 03/26/2012
Conservative wives generally don't sleep with their husbands anyways. That doesn't bother them though because it's the choir boys that really get their husbands hot.
photo
Pavane
I pick my battles and walk from the rest.
05:12 PM on 03/26/2012
Conservative wives and girlfriends CAN'T have sex with their boyfriends and spouses unless ...

Wives and girlfriends have sex ONLY for procreation.

Anything else would be hypocritical.

Isn't that right, Conservatives.
03:32 PM on 03/26/2012
Just screwing around for bucks!
03:19 PM on 03/26/2012
Good luck! I can do without sex a lot longer then I can do without money. I think the bank is going to win on this one.
photo
HUFFPOST SUPER USER
Jim Marusak
free-agent meteorologist
04:04 PM on 03/26/2012
not unless the bankers' wives/fiancees also join in on the boycott. if they join in, then it'll hit massively.
hgus
It's not about the economy, stupid
04:34 PM on 03/26/2012
Without sex, what good is money?