Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (23277)	9/11/2002 1:39:04 PM
From: S. maltophilia	Read Replies (3) of 74559

sfgate.com (09-10) 22:12 PDT HONG KONG (AP) -- First came several dozen annoying phone calls. The next day, the anonymous debt collector became more persistent, phoning Albert Ho's law firm more than 300 times to scream obscenities, play pornographic tapes or just stay silently on the line. On the third day, the number of calls shot up to 687. "It was extremely disturbing," said Ho. "It jammed the normal calls, keeping my clients waiting and affecting my business." And Ho wasn't even the target. The husband of an employee had gone bankrupt, leaving his office at the mercy of Hong Kong's often unscrupulous debt collectors, who have gone on a rampage as the economy worsens and bad loans multiply. Collectors have been known to throw snakes, or a swarm of grasshoppers into an apartment to hasten debt repayment, or to hang the carcasses of dogs and cats outside... (cont.)

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