via WSJ.com
- COMMENTARY
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By JASON ZWEIG
- Associated Press
- One of two armed bank-robbery suspects is handcuffed after surrendering on April 27, nearly five hours into a standoff with police in Springboro, Ohio.
When someone asked Willie Sutton why he robbed banks, he famously replied, “Because that’s where the money is.”
That might have been true in the 1930s, but it no longer seems to apply.
A new study of data on bank robberies, published in the June 2012 issue of the statistical journal Significance, finds that bank robbers don’t get much swag when they pull off a heist. In the U.K., the average haul is just £12,707 per person (roughly $19,767), or less than six months of the average wage for full-time workers there.
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