When asked why he robbed banks, prolific American bank robber Willie Sutton supposedly replied: “Because that is where the money is.” Mr Sutton had the strategy right but not the tactics: lifetime earnings of $2m and half his life behind bars are not a good advertisement for armed robbery. Far better to rob the bank from the inside; better yet manage the bank. However, best of all is to own it.
When you the rob the bank you own, the staff are not likely to shoot at you and the sheriff – or bank regulator – will probably not notice until long after the event, giving you plenty of time to cover your tracks before the inevitable bank failure occurs.