Baltimore riots: 'They even took the ATM' – Pakistani shop owner may have lost $100,000 to looters

[1StrongBlackMan]

115. Besides ...

While appearing to be such a horrible thing ... the, now, atmless shop owner is (likely) NOT out of the $100,000K.

I just got off the phone with a close friend whose family owned and operated a corner store (the business was sold when his father suffered a heart attack and my friend and his brothers, all lived in different cities and had no interest in going back to working 18 hour days, for $40k/year, net). They had an atm machine in the store. I posed this scenario to him and he literally dropped the phone laughing ... His first comment was, "What? Do you think an atm machine is like a pool table or pinball machine in a bar?!?"

1) The atm was, likely, not owned by the shop keeper, the machine was placed in the store by an atm (financial services) vender and the shop keeper, gets a space rental fee (or, might not).

2) The shop keeper isn't the one stocking the atm machine with cash, the owner of the machine does.

3) No atm vender would place an atm machine in a uninsured location (for just this reason)

4) No store housed atm machine contains $100K, it might contain $20K (if it's located in a high traffic area with no banks in sight)

5) If the atm was owned by the shop keeper DID own the ATM and had it stocked with $100K, they damned sure could afford/would have had insurance.

So I guess I should say about this loss:

Cool Story non-atm having shop keeper Bro!
So