Friday, January 16, 2009

Bank Robberies Rise

Bank robberies are up in cities across the USA this year and, although the reason is unclear, the down economy is a suspect.

"The economy is driving some of this," says Chris Swecker, chief security officer for Bank of America and former assistant director of the FBI's criminal division. "We're even getting some anecdotal stuff from bank robbers."

Swecker said Bank of America analysts study the interplay between the increase in bank heists and foreclosures, credit defaults and unemployment rates.

"We haven't drawn any conclusions yet, but we are certainly looking at it," he said.

-USA Today


Hmm.  Or might it have something to do with stealing money from taxpayers to finance Federal bank bailouts?

Bank robbers wear masks; bank robber barons wear suits and ties: the thieves are on the inside.

Wonder if Bank of America will start charging its customers early withdrawl penalties per each robbery, or late fees for robbers showing up after 2:00PM?