Man Returns Money He Stole In The 1940s

Dante · Nov 29, 2011

http://www.huffingtonpost.com/2011/11/29/man-returns-money_n_1118485.html?ref=weird-news

SEATTLE -- The manager of the Sears store in downtown Seattle says an elderly man has repaid – with interest – cash the man says he stole in the late 1940s.
The note said the man stole $20 to $30 from a cash register decades ago and wanted to pay back $100.
Manager Gary Lorentson says he thinks the man's conscience "has been bothering him for the past 60 years."
Store security cameras recorded the man, but Sears officials said they don't know who he is and they won't release the video.
The store plans to put the money toward helping

Betallsports · Nov 29, 2011

Glad you decided to return the Money... :grandmais

Dante · Nov 29, 2011

Betallsports said:
Glad you decided to return the Money... :grandmais

YOU sir where born in 1927 or around then this could be you more then it is me...:howdy:

Soriano12 · Nov 29, 2011

Dante said:
YOU sir where born in 1927 or around then this could be you more then it is me...:howdy:

So you're saying BAS was actually born in 1927? I always thought he was just looking older than his actual age... @)

MIKEY.1TIME · Nov 30, 2011

security cameras in the 40s? were they run by hamsters?

Betallsports · Nov 30, 2011

MIKEY.1TIME said:
security cameras in the 40s? were they run by hamsters?

I think they are talking about when he Returned the Money. They have him on Tape.

But I like your take on it Better @)

MIKEY.1TIME · Nov 30, 2011

Betallsports said:
I think they are talking about when he Returned the Money. They have him on Tape.

But I like your take on it Better @)

i know..just throwing a little fun at it....

Chi_Archie · Nov 30, 2011

good story

glad the guy made amends

NES · Nov 30, 2011

Dante said:
http://www.huffingtonpost.com/2011/11/29/man-returns-money_n_1118485.html?ref=weird-news

SEATTLE -- The manager of the Sears store in downtown Seattle says an elderly man has repaid – with interest – cash the man says he stole in the late 1940s.

Not so fast grandpa, sounds like you are getting off a little cheap to me.

What cost $40 in 1949 would cost $361.83 in 2010.
Also, if you were to buy exactly the same products in 2010 and 1949,
they would cost you $40 and $4.54 respectively.

MIKEY.1TIME · Nov 30, 2011

NES said:
Not so fast grandpa, sounds like you are getting off a little cheap to me.

What cost $40 in 1949 would cost $361.83 in 2010.
Also, if you were to buy exactly the same products in 2010 and 1949,
they would cost you $40 and $4.54 respectively.

true..but he stole money not merchandise..so how much would the 30 or 40 cash be worth if it were in a bank?

ck333 · Dec 1, 2011

use the law of 72 to figure how many times the money would have doubled. For example if the average interest rate would have been 4% over the years, the money would have doubled every 18 years (72 divided by 4)