(Roughly) Daily

“Stealing, of course, is a crime, and a very impolite thing to do”*…

 

If you want to buy soap at the Walgreens on Market Street in San Francisco, you’ll need to find a store employee to unlock the display case for you. 

Fifty dollar earbuds and $100 bottles of Claritin simply sit on the shelves where customers can pick them up and go. But baby formula, shampoo, and soap are all protected by locked display cases. 

It’s well known that pharmacies need to protect their stores of cold medicine, which methamphetamine cooks can use to make illicit drugs. But why soap? Is a $6 bottle of Dove body wash really worth the squeeze?…

The key to understanding the appeal of soap to thieves is realizing that they care less about an item’s price tag and more about the ease of finding a buyer. In other words, thieves want a liquid asset.

The practical economics of larceny: “Why Thieves Steal Soap.”

* Lemony Snicket (Daniel Handler), The Wide Window

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As we call for a clerk, we might recall that it was on this date in 1977 that a notorious crime boss met his end:

Mob boss Michael “Mickey” Spillane (not to be confused with the guy who created fictional P.I. Mike Hammer) had a run of very bad luck on Friday the 13th; he was shot and killed outside his apartment in Queens, NY. Spillane, who headed the Westies gang [see here], had moved to Queens from Hell’s Kitchen out of fear for his safety. The previous year, his three top lieutenants had been taken out on orders from Genovese crime family boss Fat Tony Salerno. Salerno coveted control of construction contracts for the Jacob Javits Civic Center, which was being built in Spillane’s territory. Spillane’s killing was rumored to have been carried out by Gambino crime family associates Roy DeMeo and Danny Grillo. After Spillane’s demise, mobster Jimmy Coonan took over as head of the Westies. Coonan had previously challenged Spillane for control of the group. After he took control, Coonan formed an alliance with the Gambino family, in a deal brokered by the newly-“made” Roy DeMeo. Coincidence? Um… probably not.   [source]

 source

 

Written by LW

May 13, 2016 at 1:01 am

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