Wednesday, June 3, 2009
Good Samaritans get the shaft
I don’t know if I should tag this story with “good people” or “idiots”. A Brinks armored truck makin its rounds had dropped over $300K in money bags right outside of an antique store. The two guys that initially approached the bags realized that they contained money and proceeded to round up the bags. Eventually other passer-bys got in on the action and decided to help out. When all was said and done, $276,160 was recovered over 14 bags. Apparently 2 bags with $60,000 are still at large. You wanna know what Brinks gave one of the guys that helped recover the money? A T-shirt and a gold coin commemorating the company's 150th anniversary. A muthafuckin T-shirt??? I hope that gold coin is worth at least $2k. These guys just gave back a quarter of a milli and all one of them got was a fuckin T-shirt. That’s that bullshit. I hope the guys kept the other two missin bags because I think that woulda been the right thing to do. Brinks is insured anyways, so any money they lose they get it back. A muthafuckin T-shirt for returning $260k? Get the fuck outta here.
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I agree a tee-shirt is a shitty gift for being honest, but if that money that is 'insured' gets stolen, that is represented by Brinks paying higher premiums, which in turn results in their customers (shops, stores, etc) paying higher fee's, which in turn results in the consumer paying more for goods.
ReplyDeleteNothing is free.
That's true. I'm not sure how their insurance works but I don't think that their premium would raise with each bag of money lost otherwise they would be charging their customers ridiculous fees before the year ended. I think they take an overall look at how much money they've lost over time (maybe on an annual or 6 month thing).
ReplyDeleteBut yea, I hope the guys kept the other bag!
Yeah, that's what actuaries do, they look at the likely hood of having to fullfill a claim, and base their premiums on that statistical likelyhood + profit.
ReplyDeleteI wouldn't mind finding a few bags with $60k+ in them today, see what you can do, hook a fan up!