Robberies: Is Your Bank Next?

December 2009

There has been a lot of grumbling about multi-billion dollar bailouts for megabanks, which, as The Washington Post notes, are receiving enviable tax breaks. For instance, the feds will forgo billions of dollars in potential tax payments from Citigroup as part of a deal that will free the company from the clutches of the massive taxpayer bailout. On the other end of the banking business is the inherent danger of running daily operations with wads of cash. And bank robberies are up. That includes a group of men armed with handguns who made off with an undisclosed haul at a U.S. Bank branch in Aurora on Colfax Avenue Tuesday morning (via Fox 31). According to 7News, there have been at least six robberies in five days in the Denver metro area---five since Monday. FBI spokesman Dave Joly says one group, dubbed the "Hopping Hooded Bandits," are particularly worrisome: "They're usually hooded, wearing masks, oversized coats. Normally, one or two are hopping over the counter."