Bank Robbing a Terrible Business, Statistically

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Bank Robbing a Terrible Business, Statistically

Posted by timothy on Thursday June 14, 2012 @05:20AM from the far-better-to-steal-by-printing-money dept.

isoloisti writes "Three UK economists got access to national data on bank robberies. The conclusion is that robbing banks pays, but not very much. Average take is about $19k per person per robbery. But, there's a 20% chance of being caught per raid. To make an average income, a robber needs to do two jobs per year, and has greater than 50% chance to be in the slammer after 2 years."

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Stupid thieves by MRe_nl · 2012-06-14 05:22 · Score: 5, Funny

Banking, on the other hand...

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"Kill 'em all and let Root sort 'em out"
1. Re:Stupid thieves by jxander · 2012-06-14 05:27 · Score: 5, Insightful
  
  Give a person a gun, and the can rob a bank
  Give a person a bank, and the can rob a country.
  
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  This signature is false.
2. Re:Stupid thieves by Svippy · 2012-06-14 05:29 · Score: 5, Funny
  
  You're twice the the he ever was!
  
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  Clicked pie.
3. Re:Stupid thieves by Shivetya · 2012-06-14 05:39 · Score: 5, Funny
  
  Give them a political office and they can rob both.
  
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  * Winners compare their achievements to their goals, losers compare theirs to that of others.
4. Re:Stupid thieves by Anonymous Coward · 2012-06-14 05:42 · Score: 5, Insightful
  
  Give a person a bank, and the can rob a country.
  Absolutely, when there is no one watching what you are doing and the regulations are off the rails...it makes robbing a countryand its people so easy.
  Just loan on the front and bet against those loans on the back...then ask for a bailout when things come crashing down (which banks knew would happen) and reward your board with big bonuses courtesy of the tax payers you already robbed...isn't double dipping great...especially against the middle class and poor.
5. Re:Stupid thieves by spazdor · 2012-06-14 06:28 · Score: 5, Insightful
  
  this is too earnestly true to read as proper sarcasm.
  i need a drink.
  
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  DRM: Terminator crops for your mind!
Re:Intelligence not a factor? by couchslug · 2012-06-14 05:25 · Score: 5, Insightful

Intelligent bank robbers get government bailouts, and don't go to PMITA prison.
Silly bank robbers use a mask and a gun, and have much worse outcomes.

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Re:Credit Cards and ATM's by dissy · 2012-06-14 06:13 · Score: 5, Funny

ATM machines mean most of the money is locked away in safes - and spread out over many branches, convenience stores, etc.
This is an ATM.
This is an ATM machine!
So you won't find any money inside of an ATM machine. ATM machines only build ATMs, so they are full of ATM parts. If you are after money, you should more likely go after the ATM itself.
And knowing is half of the battle!