In these times of recession, loans are hard to come by. But this Spanish builder certainly hit upon a novel way of getting one. He kidnapped his banker.

He needed money urgently, the company had stacked up large debts recently,” a police spokeswoman said.

He accosted his banker in a parking lot, told him lies about his family being taken hostage, and forced him to drive with him to Estepona. He then forced him to sign over his luxury car. He also forced the banker to transfer 1,500 Euros to his account.

‘The banker persuaded his kidnapper to let him call a colleague and told him, in code, that he had been kidnapped. Police tracked them down to an office in the town and seized the kidnapper as they left the building.’

‘Several thousand Spanish builders are expected to go bust this year as the number and value of house sales collapse and banks become ever more reluctant to lend to house buyers.’

Not only bankers are at risk for kidnappings, though.

In France, “managers have been held hostage at factories for up to 24 hours by staff angry about layoff plans in four separate incidents since March 12.

These ‘Bossnappings’ have put French President Sarkozy in a fix. He has to enforce the law. At the same time he does not want to cause any more unrest among workers in these times of economic recession.

‘Public opinion is split. A poll released on Tuesday found that 50 percent of people surveyed objected to bossnappings while 45 percent said they were acceptable.’

Desperate times call for desperate measures, they say. However, I wonder how it will all end if kidnappings are increasingly being viewed as legitimate means to put the affected party’s point across?

Does the end really justify the means? What do you think?