carry yet another article from the blog of nice http://teflblacklist.blogspot.com/
Mchammered Inspector of the Lard in Pamplona, \u200b\u200bSpain, you can find the same mined in the world's largest encyclopedia wikipedia http://en.wikipedia.org/wiki/Wall_Street_Institute
Tuesday, August 05, 2008
Wall Street Institute, Spain
The Inspector came across this Wikipedia article, which illustrates neatly the kind of minds grinding away in pursuit of "Wall Street Institute" profitability.
"In 2002 there were as many as 130 WSI branches in Spain. Many of these were franchises. With the collapse that same year of rival school Opening English, which used a similar computer-based teaching method to that of Wall Street, the Baltimore company saw 88 of its English franchises close before the end of the year.
Today there are less than 20 Wall Street Institute branches open in Spain.
Wall Street and Opening English used a similar method to charge their customers. Customers would sign up for an extended period of time in order to avail of cheaper rates. However the contract which they signed was not with Wall Street but with a financing operation unconnected to the English school chain. Thus when students of the two schools, unhappy with their progress, tried to rescind their contracts early they discovered that they had to take the issue up with the bank that underwrote the financing company who issued their contract. Wall Street does not teach children. The majority were unsuccessful in their claims.
When Consumers Associations took up the plight of many disaffected students, the issue became a national story and loop holes in Spain's commerce laws were shown to be being exploited by the chain schools, who did not Have to Take Any Responsibility for the customers' dissatisfaction with the quality of the services They Offered. The relevant
Laws Were Subsequently Amended. "
Wall Street Institute, Spain
The Inspector came across this Wikipedia article, which illustrates neatly the kind of minds grinding away in pursuit of "Wall Street Institute" profitability.
"In 2002 there were as many as 130 WSI branches in Spain. Many of these were franchises. With the collapse that same year of rival school Opening English, which used a similar computer-based teaching method to that of Wall Street, the Baltimore company saw 88 of its English franchises close before the end of the year.
Today there are less than 20 Wall Street Institute branches open in Spain.
Wall Street and Opening English used a similar method to charge their customers. Customers would sign up for an extended period of time in order to avail of cheaper rates. However the contract which they signed was not with Wall Street but with a financing operation unconnected to the English school chain. Thus when students of the two schools, unhappy with their progress, tried to rescind their contracts early they discovered that they had to take the issue up with the bank that underwrote the financing company who issued their contract. Wall Street does not teach children. The majority were unsuccessful in their claims.
When Consumers Associations took up the plight of many disaffected students, the issue became a national story and loop holes in Spain's commerce laws were shown to be being exploited by the chain schools, who did not Have to Take Any Responsibility for the customers' dissatisfaction with the quality of the services They Offered. The relevant
Laws Were Subsequently Amended. "
plus because I'm going to university lecture by a native speaker, I can afford an English translation as soon as satisfactory but part of all respect!
TRANSLATION ARTICLE in 2002 in Spain, the WSI centers were about 130, many of these were franchises. With the collapse this year of rival school Opening Inglese which used a method of teaching via computer similar to WSI, the company of Baltimore is seen close 88 of its English franchise before the end of the year.
now remain open only 20 branches Wsi in Spain.
WSI Inglese Opening and using a system very similar to get paid by their customers. Customers would like to extend their course to take advantage of their cost advantages, but must sign a contract that is not only but especially with the WSI connection with a financial transaction is completely outside the English school, so students who are not satisfied with the their progress and who are the majority and want to abandon the course and then discover later that he had problems in the termination of its contract with the financial. So when consumer groups are aware of the problem of these students often become dissatisfied with the event showing the big loopholes in national legislation English Commercial gaps that are regularly exploited by these schools that also do not take any responsibility if their students do not remain satisfied with their progress, "the laws in this regard were then subsequently modified"
Beppe Grillo and the Italian
