Banks and Police Clash Over Proposal for Bulletproof Barriers

Finance/Banking

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After a 26% spike in first quarter bank robberies following a 57% increase in 2008, the New York City Council proposed a mandate that would require all bank branches to install bulletproof glass barriers. This morning, the Council’s Public Safety Committee held a hearing for bank industry officials to express their concerns over the “bandit barrier” legislation.

Bulletproof fortifications around tellers in banks — known as “bandit barriers” [. . .] — have pitted banks and the police against each other in a policy argument over safety, expense and businesses’ rights to manage their own security.”

Read “Banks and Police Clash Over Proposal for Bulletproof Barriers” by Dominick Tao, The New York Times.

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