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(Al Jazeera)   Armed man robs bank. Wait, make that 'armed man holds bankers hostage to demand money.' Wait, make that 'Armed man holds bankers hostage in attempt to withdraw his own savings and they still won't let him'   (aljazeera.com) divider line
    More: Scary, Lebanon, Bank, United States dollar, bank employees hostage, Reuters, Money, man's brother, branch of the Federal Bank  
•       •       •

2722 clicks; posted to Main » on 11 Aug 2022 at 6:50 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



44 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-08-11 6:51:38 PM  
Not with that attitude
 
2022-08-11 6:52:23 PM  
Sad situation handled in the worst possible way.
 
2022-08-11 6:54:38 PM  

TheCableGuy: Sad situation handled in the worst possible way.


He got more than the vast majority have been able to. Who handled this wrong?
 
2022-08-11 6:58:55 PM  
"Gimme my money, so I can leave Pottersville!"
 
2022-08-11 7:00:50 PM  
Well that's it, I'm not banking in Lebanon
 
2022-08-11 7:02:09 PM  
He will go to prison for holding people hostage while the bank goes unpunished for holding his money hostage.
 
2022-08-11 7:02:17 PM  

ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?


FTFA: "He did not receive any of the money, according to a lawyer who took part in the negotiations."

If you thought he was pissed off before ...
 
2022-08-11 7:06:10 PM  
Comedy Company - 'Colin Carpenter'...(1 of 3)
Youtube ylnHNt7EX7o
 
2022-08-11 7:06:18 PM  
preview.redd.itView Full Size
 
2022-08-11 7:08:52 PM  
Attica! Attica!
 
2022-08-11 7:09:53 PM  
If only he had put it someplace safe, like in crypto
 
2022-08-11 7:21:54 PM  
Expect this to be repeated in China.
 
2022-08-11 7:22:04 PM  
Spongebob and Patrick rob a bank
Youtube _84gBlRZwO0
 
2022-08-11 7:24:27 PM  

bayoukitty: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

FTFA: "He did not receive any of the money, according to a lawyer who took part in the negotiations."

If you thought he was pissed off before ...


He found out that money is only as valuable as the economy it's circulating in. In a non-diversified, unstable economy like that which has little effect on the rest of the world, your best bet is to keep a substantial portion of your money either overseas or in some tangible form such as metal. You'll still be able to exchange or barter coins, bullion, jewelry or other assets afterwards outside of Lebanon. Having some Euros or Dollars wouldn't hurt either.

People try to relate this to the US economy, and make it a selling point for Americans buying gold. This is not actually a similar situation; because the US tends to be a prime mover on many things in the world and also the originator of many services, a collapse in the US economy severe enough to make the dollar completely worthless would essentially mean that most services and society as a whole had gone off the rails. The world as a whole would be having serious economic problems. Gold, whether in metal form or ETFs, wouldn't actually be valuable because it can't be eaten. There are very few people who have experience transacting in gold and thus it would not be a popular medium of exchange.

People who really want to prepare for doomsday banking should invest in medical supplies, toilet paper (apparently this is quite popular), chocolate, cigarettes, Everclear and various types of alcohol.

More valuable metals to invest in would be copper, aluminum and steel, but drawn into wire or in other shapes which make them actually potentially useful.

Alcohol is actually a great investment because the higher the proof, the longer it keeps, and the more it can be diluted. It's difficult to make high quality booze and alcoholics will always need it; besides, as things become more dire, more people will start to drink harder and the supply will decrease since high-quality liquor requires certain specific crops and long periods of time at specific temperatures and humidity.
 
2022-08-11 7:25:34 PM  
So he's not an Everyman Hero that we're all going to applaud?  Huh.  Who'd'a thunk it?

th.bing.comView Full Size
 
2022-08-11 7:26:37 PM  
If a gunman is threatening to light themselves on fire you hand them a book of matches.
 
2022-08-11 7:29:28 PM  

ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?


The bank I'd say.

Every time someone succeeds in doing this, the more likely other people are going to copy the idea.
 
2022-08-11 7:33:06 PM  

khatores: bayoukitty: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

FTFA: "He did not receive any of the money, according to a lawyer who took part in the negotiations."

If you thought he was pissed off before ...

He found out that money is only as valuable as the economy it's circulating in. In a non-diversified, unstable economy like that which has little effect on the rest of the world, your best bet is to keep a substantial portion of your money either overseas or in some tangible form such as metal. You'll still be able to exchange or barter coins, bullion, jewelry or other assets afterwards outside of Lebanon. Having some Euros or Dollars wouldn't hurt either.

People try to relate this to the US economy, and make it a selling point for Americans buying gold. This is not actually a similar situation; because the US tends to be a prime mover on many things in the world and also the originator of many services, a collapse in the US economy severe enough to make the dollar completely worthless would essentially mean that most services and society as a whole had gone off the rails. The world as a whole would be having serious economic problems. Gold, whether in metal form or ETFs, wouldn't actually be valuable because it can't be eaten. There are very few people who have experience transacting in gold and thus it would not be a popular medium of exchange.

People who really want to prepare for doomsday banking should invest in medical supplies, toilet paper (apparently this is quite popular), chocolate, cigarettes, Everclear and various types of alcohol.

More valuable metals to invest in would be copper, aluminum and steel, but drawn into wire or in other shapes which make them actually potentially useful.

Alcohol is actually a great investment because the higher the proof, the longer it keeps, and the more it can be diluted. It's difficult to make high quality ...


From seeing documentaries about the current situation in Lebanon, it seems that cooking oil, and sugar, is what people want. Its something that has a very long shelflife, and which is something that people actually have a use for, unlike, well, chokolade, cigarettes, toilet paper etc., which whilst nice, isn't really essential.
 
2022-08-11 7:41:46 PM  

ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?


Read the article.

He got nothing.

The negotiators lied to him. His lawyer said he received none of his money. And what kind of precedent would it have set if they gave him his money?

The next day everyone would be there doing the same thing. Nah bro. That ain't what happened. Instead they showed you that even if you DO something like this you still WON'T get your money
 
2022-08-11 7:54:45 PM  
Did he have a gub?
Fark user imageView Full Size
 
2022-08-11 8:07:01 PM  
Fark user imageView Full Size
 
2022-08-11 8:23:53 PM  

Ketchuponsteak: From seeing documentaries about the current situation in Lebanon, it seems that cooking oil, and sugar, is what people want. Its something that has a very long shelflife, and which is something that people actually have a use for, unlike, well, chokolade, cigarettes, toilet paper etc., which whilst nice, isn't really essential.


That makes sense. I would add that some people (such as myself) with afib do respond to chocolate as a heart rhythm moderator, which makes it an inexpensive and healthy alternative to the medication I'd otherwise have to take. I keep a massive supply of 95-100% purity on hand so that in case the chocolate supply chain collapses, I'm good. I'm thinking about increasing this because that could actually be a problem with climate change. Sounds crazy, but this is a real thing.

In other news, maybe Lebanon doesn't have enough alcoholics.
 
2022-08-11 8:58:51 PM  
This happened in the US in the late '80s, thanks to John McCain, Reagan, and a host of crooks.  For awhile there, if your money was in a small S&L, getting it out was dicey.   It can happen anywhere when crooks are running things.
 
2022-08-11 9:02:01 PM  

khatores: In other news, maybe Lebanon doesn't have enough alcoholics.


Islam is pretty popular in Lebanon, so yeah, there are probably fewer booze hounds than you would normally expect from a country its size.  Several cities ago, there was a restaurant owned by a Lebanese woman who didn't wear a headscarf.  That place was one of the best lunch joints in town, but something apparently happened to it in the late 1990s and it wasn't there anymore in 2014.
 
2022-08-11 9:05:12 PM  
Ah, the Libertarian's nightmare/wet dream.
 
2022-08-11 9:05:46 PM  
I heard Al Jazeera say that someone did something like this earlier this year and only served a few months.  Seems like it might be worthwhile. I couldn't find a source that said how his trial turned out, but

Lebanese cafe owner hailed for robbing bank to get his own money

Lebanese man freed after holding hostages at bank to take his own money

Abdallah Al-Saii, who was arrested two weeks ago for threatening to burn a bank down in Lebanon if he didn't get his deposit back, was freed yesterday by Judge Amani Salameh on an LBP 200,000 bail.

Armed with a gun, grenade, and bottles of benzene, Al-Saii held more than 10 customers and employees hostage for hours at a Bank of Beirut and Arab Countries (BBAC) branch in Jeb Jannine in an attempt to withdraw $50,000 of his own money.
Nobody was harmed and Al-Saii, a father of two children aged 7 and 4, turned himself in to Internal Security Forces after negotiations led to the money being given to his wife.
His $50,000 deposit will also remain in his possession.


I'm just guessing LBP 200,000 is a lot less than $50,000. Maybe enough to flee the country?
 
2022-08-11 9:12:38 PM  
That's not a robbery, that's just a really enthusiastic run.
 
2022-08-11 9:24:08 PM  

danceswithcrows: khatores: In other news, maybe Lebanon doesn't have enough alcoholics.

Islam is pretty popular in Lebanon, so yeah, there are probably fewer booze hounds than you would normally expect from a country its size.  Several cities ago, there was a restaurant owned by a Lebanese woman who didn't wear a headscarf.  That place was one of the best lunch joints in town, but something apparently happened to it in the late 1990s and it wasn't there anymore in 2014.


A week of binge drinking could change that...just sayin'...
 
2022-08-11 9:41:51 PM  
Photo of the thief:
img.sharetv.comView Full Size


Seen in the company of a priest in the thief's vehicle:
upload.wikimedia.orgView Full Size
 
2022-08-11 9:46:40 PM  
Mebbe he should have called JG Wentworth.

It's his money, and he wants it now!
 
2022-08-11 10:21:51 PM  

Stud Gerbil: This happened in the US in the late '80s, thanks to John McCain, Reagan, and a host of crooks.  For awhile there, if your money was in a small S&L, getting it out was dicey.   It can happen anywhere when crooks are running things.


th.bing.comView Full Size


Come again...The deregulation of S&Ls in 1980, by the Depository Institutions Deregulation and Monetary Control Act signed by President Jimmy Carter on March 31, 1980, gave the thrifts many of the capabilities of commercial banks without the same regulations as banks, and without explicit FDIC oversight
 
2022-08-12 1:15:09 AM  

My Sober Alt: I heard Al Jazeera say that someone did something like this earlier this year and only served a few months.  Seems like it might be worthwhile. I couldn't find a source that said how his trial turned out, but

Lebanese cafe owner hailed for robbing bank to get his own money

Lebanese man freed after holding hostages at bank to take his own money

Abdallah Al-Saii, who was arrested two weeks ago for threatening to burn a bank down in Lebanon if he didn't get his deposit back, was freed yesterday by Judge Amani Salameh on an LBP 200,000 bail.

Armed with a gun, grenade, and bottles of benzene, Al-Saii held more than 10 customers and employees hostage for hours at a Bank of Beirut and Arab Countries (BBAC) branch in Jeb Jannine in an attempt to withdraw $50,000 of his own money.
Nobody was harmed and Al-Saii, a father of two children aged 7 and 4, turned himself in to Internal Security Forces after negotiations led to the money being given to his wife.
His $50,000 deposit will also remain in his possession.

I'm just guessing LBP 200,000 is a lot less than $50,000. Maybe enough to flee the country?


No.

According to the article he has $200,000. They used a "$"

There was never mention of local currency.

I swear do you guys read? Holy shiat reading comprehension is so low these days.

It literally says in the article that NO he didn't get his money and that his money is worth "$200,000"

Meanwhile everyone is here like

WOW I CANNOT BELIEVE HE GOT 200K OF LOCAL CURRENCY BACK...

Not what happened.
 
2022-08-12 1:17:11 AM  

bayoukitty: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

FTFA: "He did not receive any of the money, according to a lawyer who took part in the negotiations."

If you thought he was pissed off before ...


He got $30k. Try reading more than one article about a subject.
 
2022-08-12 2:05:34 AM  

Ketchuponsteak: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

The bank I'd say.

Every time someone succeeds in doing this, the more likely other people are going to copy the idea.


Yes and? This is exactly what the country needs, an armed and revolting citizenry. Otherwise they're going to be robbed to death by the oligarchs they've developed cults of personalities for.
 
2022-08-12 2:27:19 AM  

Red Shirt Blues: Stud Gerbil: This happened in the US in the late '80s, thanks to John McCain, Reagan, and a host of crooks.  For awhile there, if your money was in a small S&L, getting it out was dicey.   It can happen anywhere when crooks are running things.

[th.bing.com image 133x180]

Come again...The deregulation of S&Ls in 1980, by the Depository Institutions Deregulation and Monetary Control Act signed by President Jimmy Carter on March 31, 1980, gave the thrifts many of the capabilities of commercial banks without the same regulations as banks, and without explicit FDIC oversight


Add to that the Garn-St Germain Depository Institutions Act of 1982 which also deregulated savings and loan associations.
 
2022-08-12 2:28:38 AM  

ThieveryCorp: Ketchuponsteak: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

The bank I'd say.

Every time someone succeeds in doing this, the more likely other people are going to copy the idea.

Yes and? This is exactly what the country needs, an armed and revolting citizenry. Otherwise they're going to be robbed to death by the oligarchs they've developed cults of personalities for.


You just wrote that about Libanon.

I'm favouriting you, as saying the weirdest thing ever. Nothing will top this.
 
2022-08-12 2:42:37 AM  

autistat: I swear do you guys read?


Sorry, did I not make this clear it was a different guy in a different incident? I mean I did quote some of the article.  When Al Jazeera covered it in the news they mentioned it had been tried before and the guy only served a few months.  I couldn't find any articles online saying what happened after he got released on bail.  That article did say he got $50,000 and right now LBP 200,000 is worth about $130.  Hmmm.....Would I serve a few months for $50,000?   It depends on which country the prison was in.
 
2022-08-12 3:26:01 AM  

Ketchuponsteak: ThieveryCorp: Ketchuponsteak: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

The bank I'd say.

Every time someone succeeds in doing this, the more likely other people are going to copy the idea.

Yes and? This is exactly what the country needs, an armed and revolting citizenry. Otherwise they're going to be robbed to death by the oligarchs they've developed cults of personalities for.

You just wrote that about Libanon.

I'm favouriting you, as saying the weirdest thing ever. Nothing will top this.


Sir have you temporarily confused lesbians with Lebanon? What are you trying to communicate?

Are you saying there are no oligarchs when Lebanonization is an international monicker for Balkanization of the Levant?

Are you declaring that the cult of personality political factions and it's leaders have not robbed the coffers of the Lebanese citizens?

Are you expressing disdain towards any attempted revolt of the people, who have no other options?

Are you confused about what people are supposed to do when a tyrannical government is killing them?
 
2022-08-12 3:30:07 AM  

ThieveryCorp: Ketchuponsteak: ThieveryCorp: Ketchuponsteak: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

The bank I'd say.

Every time someone succeeds in doing this, the more likely other people are going to copy the idea.

Yes and? This is exactly what the country needs, an armed and revolting citizenry. Otherwise they're going to be robbed to death by the oligarchs they've developed cults of personalities for.

You just wrote that about Libanon.

I'm favouriting you, as saying the weirdest thing ever. Nothing will top this.

Sir have you temporarily confused lesbians with Lebanon? What are you trying to communicate?

Are you saying there are no oligarchs when Lebanonization is an international monicker for Balkanization of the Levant?

Are you declaring that the cult of personality political factions and it's leaders have not robbed the coffers of the Lebanese citizens?

Are you expressing disdain towards any attempted revolt of the people, who have no other options?

Are you confused about what people are supposed to do when a tyrannical government is killing them?


In addition, do you find it shocking that the majority of the population is psychologically enslaved in a manner similar to Stockholm Syndrome that results from cult of personality surrounding warlords and the peanuts in assistance they provide?
 
2022-08-12 3:31:14 AM  

My Sober Alt: autistat: I swear do you guys read?

Sorry, did I not make this clear it was a different guy in a different incident? I mean I did quote some of the article.  When Al Jazeera covered it in the news they mentioned it had been tried before and the guy only served a few months.  I couldn't find any articles online saying what happened after he got released on bail.  That article did say he got $50,000 and right now LBP 200,000 is worth about $130.  Hmmm.....Would I serve a few months for $50,000?   It depends on which country the prison was in.


LBP 200,000 is 7 USD.
 
2022-08-12 6:48:31 AM  

ThieveryCorp: Ketchuponsteak: ThieveryCorp: Ketchuponsteak: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

The bank I'd say.

Every time someone succeeds in doing this, the more likely other people are going to copy the idea.

Yes and? This is exactly what the country needs, an armed and revolting citizenry. Otherwise they're going to be robbed to death by the oligarchs they've developed cults of personalities for.

You just wrote that about Libanon.

I'm favouriting you, as saying the weirdest thing ever. Nothing will top this.

Sir have you temporarily confused lesbians with Lebanon? What are you trying to communicate?

Are you saying there are no oligarchs when Lebanonization is an international monicker for Balkanization of the Levant?

Are you declaring that the cult of personality political factions and it's leaders have not robbed the coffers of the Lebanese citizens?

Are you expressing disdain towards any attempted revolt of the people, who have no other options?

Are you confused about what people are supposed to do when a tyrannical government is killing them?


I just think that the notion that what Lebanon really needs now is a civil war, to be the best honest appraisal of the current situation ever.

I feel its going to stand the test of time.
 
2022-08-12 9:10:55 AM  

Ketchuponsteak: ThieveryCorp: Ketchuponsteak: ThieveryCorp: Ketchuponsteak: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

The bank I'd say.

Every time someone succeeds in doing this, the more likely other people are going to copy the idea.

Yes and? This is exactly what the country needs, an armed and revolting citizenry. Otherwise they're going to be robbed to death by the oligarchs they've developed cults of personalities for.

You just wrote that about Libanon.

I'm favouriting you, as saying the weirdest thing ever. Nothing will top this.

Sir have you temporarily confused lesbians with Lebanon? What are you trying to communicate?

Are you saying there are no oligarchs when Lebanonization is an international monicker for Balkanization of the Levant?

Are you declaring that the cult of personality political factions and it's leaders have not robbed the coffers of the Lebanese citizens?

Are you expressing disdain towards any attempted revolt of the people, who have no other options?

Are you confused about what people are supposed to do when a tyrannical government is killing them?

I just think that the notion that what Lebanon really needs now is a civil war, to be the best honest appraisal of the current situation ever.

I feel its going to stand the test of time.


You've selected the "c) Extremely Confused" option by conflating [toppling tyrannical oligarchs] with [domestic war between indigenous citizens].

Furthermore, you've made the grave mistake of confusing [situation created by oligarchs] with [solution to overthrow oligarchs]. This means that your statement of [irrational and illogical fear] is evidence that [previously mentioned fear of change] exists.

Your comment will stand the test of internet archival service capacities and hardware duty cycles as the pinnacle of armchair battered spouse syndrome.
 
2022-08-12 9:13:23 AM  

Ketchuponsteak: ThieveryCorp: Ketchuponsteak: ThieveryCorp: Ketchuponsteak: ThieveryCorp: TheCableGuy: Sad situation handled in the worst possible way.

He got more than the vast majority have been able to. Who handled this wrong?

The bank I'd say.

Every time someone succeeds in doing this, the more likely other people are going to copy the idea.

Yes and? This is exactly what the country needs, an armed and revolting citizenry. Otherwise they're going to be robbed to death by the oligarchs they've developed cults of personalities for.

You just wrote that about Libanon.

I'm favouriting you, as saying the weirdest thing ever. Nothing will top this.

Sir have you temporarily confused lesbians with Lebanon? What are you trying to communicate?

Are you saying there are no oligarchs when Lebanonization is an international monicker for Balkanization of the Levant?

Are you declaring that the cult of personality political factions and it's leaders have not robbed the coffers of the Lebanese citizens?

Are you expressing disdain towards any attempted revolt of the people, who have no other options?

Are you confused about what people are supposed to do when a tyrannical government is killing them?

I just think that the notion that what Lebanon really needs now is a civil war, to be the best honest appraisal of the current situation ever.

I feel its going to stand the test of time.


Haha yeah, all sarcasm and farkery aside, it's probably more likely than any of us realize, but it'll probably be quicker than the last one.
 
2022-08-12 2:36:56 PM  
Was Betting on Bank of America.
 
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