Grand Theft Auto: FOMC City - Bank Robbers Throw Cash Out Of Volvo In South Los Angeles

Tyler Durden's picture

Once upon a time we thought that literally throwing cash out of rapidly moving objects was a privilege strictly reserved for Fed chairmen. Not any more. Moments ago, a car chase in South Los Angeles went horribly right, when two bank thieves who managed to find a Bank of America branch which actually had cash in it, and robbed it, proceeded to throw cash out of the moving car as it was being chased by a cohort of cops. Since the getaway car happened to be a Volvo, they naturally failed to get away, but not before they became local Robin Hood-type heroes to the massive gathering of gawkers all of whom would appear gainfully employed if only they were not just standing there, doing nothing, and hoping to steal the already stolen money in a major LA intersection at 11:30 am local time on a Wednesday. At least we now have the first two joint candidates to take over the BOE's soon to be vacant governorship.

Watch below.

The aftermath of the chase is still going and can be seen here.

Finally, an artist's impression of what would have happened if it was a certain Ben Bernanke driving the Volvo.

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piliage's picture

How Keynesian.

Pladizow's picture

The robbers realized it was only fiat!

shutdown's picture

Now THAT is funny!  :)

Pladizow's picture

Bernanke will not appreciate the competition and this money velocity will definitely vex him!

hedgeless_horseman's picture



"Wow.  Wow."

Megan's journalism professors are so proud of her.

ZerOhead's picture

Police are asking the public to turn the the stolen loot found in the streets over to them.

Any bills with serial numbers that can be identified by BOA will be returned to them.

Dr. Richard Head's picture

I would anticipate that happening as soon as banksters of the world mark their assets to market. 

Nothing To See Here's picture

This is actually bearish for the markets. Those robbers having proved that BOA has cash, it lowers the probability of more QE coming.

Tijuana Donkey Show's picture

Yes, but this probably impacted their capital ratios quite a bit. 

SheepRevolution's picture

Here's a link for a 11 minute video-clip of the Volvo-choppa:

Dalago's picture

Imagine that shit?  Fed Reserve going around in volvo's just tossing cash out the window.

waterwitch's picture

Can someone explain why none of the 20 police cars have their lights flashing?

BorisTheBlade's picture

Maybe deep in their hearts they wanted them to get away. Robbers didn't do anything different from your average keynesian central banker, well, except for getting caught.

eatthebanksters's picture

Just Helicopter Ben's micro-economic policy in action!  (No pun intended). 

FoxMulder's picture

This was a test of the new Fed stimulus program. See we don't need a helicopter.

nmewn's picture

The Volvo had a Obama/Biden bumper sticker on it...probably another professor snapping & running amok again ;-)

JohnKozac's picture

When the jury sees the glove doesn't fit, they will both be let free.

TheFourthStooge-ing's picture

Tijuana Donkey Show said:

Yes, but this probably impacted their capital ratios quite a bit.

When a bank is robbed by someone other than management, I believe the average take is around $1500. Given BoA's propensity for leverage, I'd say this single robbery has had an impact on BoA capital of somewhere between 0.4 and 0.7 Corzines.

Problem Is's picture

Was JPM Bankster Dimon stealing The Corz's stolen MF Global customer funds a 1.6 Corzines?

TheFourthStooge-ing's picture


Was JPM Bankster Dimon stealing The Corz's stolen MF Global customer funds a 1.6 Corzines?

Being the unit reference case, that amount would be exactly one Corzine in stolen customer funds.

piliage's picture

And the public are asking the bankers and cops to go fuck themselves and change careers.

fiddy pence haff pound's picture

"That's as good as money, sir" says my avatar

Freddie's picture

They were doing The Ben Bernank...aka God's work.

ziggy59's picture

The alleged robbers should quote corzine...

They "don't know where the money is."

eatthebanksters's picture

No's from segregated accounts!

Miss Expectations's picture

I think that the drive thru at JP Morgan Chase was too long to make a quick vaporizing deposit.

Black Friday's picture

If only they were driving one.


Mr Lennon Hendrix's picture

Bernanke wishes he was this Keynesian.

azzhatter's picture

You know Bernanke jacked off to this video

SheepRevolution's picture

Actually, he should learn something from this video:

1. Print money

2. Throw them out through the window

3. Aggregate demand skyrockets

piliage's picture

But he will ignore the fact that the effects are:

1) Localized

2) Short Term

3) Unsustainable

flacon's picture

Assholes... now they will be charged with littering.... it happened just a few months ago - throwing cash on the ground is littering - a felony. 

BorisTheBlade's picture

I say they were spreading wealth and facilitating trickle down effect from the last round of quantitative easing. Money was picked up and spent shortly thereafter thereby contributing to consumer spending and GDP growth therefore helping economy recover. Cops chasing them for hours burned X amount of gas thereby contributing to government spending and further boosting GDP numbers. Plus, cops were busy in the process, thus employment in the government sector was positively affected. Of course Krugman will disagree and say what they did was not nearly enough and they should've picked a bigger car and throw money faster while not getting caught much longer, well they probably don't have a PhD. Amateurs.

LMAOLORI's picture



No how progressive seems people don't know the real story of Robin Hood he stole money from a tyrannical government who was taxing it's subjects into abject poverty to give back to the people. The folks who stole this money are common thieves.

FL_Conservative's picture

What, they didn't have a helicopter?  What putzes!!

Xue's picture

They are just trying to stimulate aggregate demand.

Janice's picture

Robb'in da Hood!

James's picture

The City of Weed, California for some reason keeps having to replace City limit signs.

TheFourthStooge-ing's picture


The City of Weed, California for some reason keeps having to replace City limit signs.

They should just sell the damned things on the internet and turn an expense into income.

SemperFord's picture

Da Hood is right, you can tell by the apartment buildings, still, better fo the Po people to have that cash than anybody in DC or the majority of governement workers. Besides, they can just print more, right Ben?

DosZap's picture

Guess Bernie couldn't afford fuel for da choppa.

Watts_D_Matter's picture

Gives a new meaning to "FAST MONEY".....

zilverreiger's picture

robin hood , it begins, break out the guillotines


too bad it's not silver and gold they are throwing out