The Bank of Boink ?

[marmar]

In all seriousness, it's this kind of pragmatism that makes me so love Amsterdam.



Reuters via Yahoo:


Amsterdam considering bank help for prostitutes
By Ben Berkowitz


AMSTERDAM (Reuters) – Amsterdam city council is turning its attention to a pressing problem for one of the city's key business sectors -- banking and credit for prostitutes who can't get accounts from mainstream institutions.

The city's red light district is famed the world over for its women in tiny windows and even tinier clothing, but despite the trade being legal, many banks shy away from taking the ladies on as customers.

As part of the city's "Project 1012" to remake the De Wallen neighborhood, which includes the sex district, the city council has been asked to find a way to help bordello owners and sex workers gain more access to banks.

"Up until now, it's been very difficult for people in the sex industry to get credit with the banks," a city council spokesman said on Friday.

"For them it is a hazard that they can not get regular credit or help or mortgages or anything from a regular bank." .........(more)

The complete piece is at: http://news.yahoo.com/s/nm/20090706/od_nm/us_sexbank_odd

[redqueen]

1. I wonder why regular banks turn those clients away. (nt)

[PatGund]

4. competition??

The banks like to be the ones to do the screwing, after all.....

[panader0]

2. The Bank of Boink

High interest rates-compounded daily. No penalties for quick withdrawal.

[DJ13]

3. I bet the terms they charge will be stiff

[hughee99]

5. Wait until you see what they're asking for collateral. n/t

[undeterred]

6. Perhaps its a cash only business with

no way to verify income or employment.

[marmar]

7. Nope. I'm Amsterdam sex workers pay taxes and belong to a union.

n/t