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Two men rob Palo Alto Bank of America

Original post made on Aug 3, 2008

Two men walked into the Bank of America on Quarry Road at Stanford Shopping Center at 1:30 p.m. Saturday, passed a note to a teller and walked out with an undisclosed about of money, according to Police Agent Zach Perron.



Read the full story here Web Link posted Sunday, August 3, 2008, 9:28 AM

Comments (6)

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Posted by Ada
a resident of Midtown
on Aug 3, 2008 at 3:16 pm

This is already beyond ridiculous! Don't these banks have procedures in place?


 +   Like this comment
Posted by Happens all the time
a resident of Charleston Meadows
on Aug 3, 2008 at 3:39 pm

Ada: banks don't actually do much to prevent robberies. Their procedures are instead designed to minimize the risk that a robber will decide to kill their staff and patrons.

Instead, banks have a whole range of systems intended to make it likely that bank robbers will be caught after the fact, ranging from video cameras, to silent alarms, and even exploding dye packs designed to look like bundles of $20 bills.

Robbing a bank is EASY. Making a career of robbing banks is hard.


 +   Like this comment
Posted by Resident
a resident of Another Palo Alto neighborhood
on Aug 3, 2008 at 4:01 pm

Time for Banks to get bullet proof banks for tellers to hide behind.


 +   Like this comment
Posted by qq
a resident of Barron Park
on Aug 3, 2008 at 5:05 pm

It's just paper money. No real value lost. The fed will just replace it.

The robbery will just dilute the paper money we all have by a tiny fraction of a percent.

The fed is already loaning like crazy.

Web Link

qq


 +   Like this comment
Posted by Volker
a resident of another community
on Aug 3, 2008 at 6:57 pm

qq, that is a very revealing graph - thanks!


 +   Like this comment
Posted by chris
a resident of University South
on Aug 4, 2008 at 7:10 pm

If Americans had not gone bonkers on housing, the Fed would not have to do this.


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