The Truth About Bank Robberies, Getting Ripped Off Abroad, Honda Announces Recall And More

Wednesday, June 13, 2012 Why Robbing A Bank Won't Make You Rich Crime actually does pay – just not enough to make it worthwhile. In a paper published Monday in Significance, the magazine of the Royal Statistical Society and the American Statistical Association, economists at the University of Surrey and the University of Sussex in the U.K. looked at the profitability of bank robberies. Professors Barry Reilly, Neil Rickman and Robert Witt were granted what they call "rare, perhaps unique, access to a normally confidential data set" from the British Bankers' Association. They also looked at U.S. data made available by the FBI. "Surprisingly, bank robbers have never had the benefit, if that is the right term, of independent econometric analysis of their activities," the three economists write. Using such an analysis, the trio concludes – in their very British way – that, "The return on an average bank robbery is, frankly, rubbish." The World's Richest Dads On Raising Kids How To Avoid Getting Ripped Off Abroad Look: Most Expensive Cities To Travel To Honda Announces Recall Can You Afford To Be A College Graduate? BLOG POSTS Jason Alderman: This Father's Day, Teach Your Kids Financial Responsibility Father's Day is when children traditionally express love for their dads. Show how much you care in return by starting them out with a healthy, realistic attitude toward personal finances. Bill Bartmann: What to Do When a Debt Collector Threatens to Sue You It's bad enough when you're deeply in debt, but debt collectors are masters at magnifying your grief. Following these seven points is the best way to stay out of court, or prevail if you do get there. Ira Wolfe: 3 Ways Baby Boomers Can Stay Relevant In A Changing Job Market If you're over 50 and feel like you're running a losing battle trying to keep up, you might be right. Beth Kobliner: Fathers as Financial Role Models Naturally, as a proud daughter and, now, a proud mother, I love hearing from dads about the ups and downs of imparting money lessons to their kids. Credit.com: Is One Late Payment Really That Bad? How much does a single late payment affect your credit scores? Of course, as with so many things related to credit scores, the answer is, "It depends." But the irony is, the better your credit, the more you may feel the sting.

MOST POPULAR ON HUFFINGTONPOST.COM John Ross Jr., California Lottery Winner, Tied To Stolen Car Cheapest U.S. Cities Located In Texas, Tennessee Americans Spending Less Money On Groceries, But Greater Share Of It On Processed Food ON FACEBOOK Americans Spending Less Money On Groceries, But Greater Share Of It On Processed Food Cheapest U.S. Cities Located In Texas, Tennessee Krystle Marie Reyes Arrested For $2.1 Million Tax Refund Scam

If you believe this has been sent to you in error, please safely unsubscribe.