Watch as Junk Dealer Returns $114,000

(youtube) Leo Guarente found $114,000 in U.S. bonds while cleaning out a deceased woman's house. He returned them to her family.
spoco2says...

>> ^Sagemind:

Ya,,, well..., perhaps he deserves a little free publicity
>> ^spoco2:
"It warms my heart to get all this free publicity, it really does"



Yeah, maybe he does, but just pointing out that it's not being done completely altruistically. If it were he wouldn't have alerted media before taking the bonds over there and have them tag along, and posed in front of his truck with his phone number.

He could have just found them, and returned them, no media involved.

Then he would have deserved any free publicity someone wanted to bestow upon him.

siftbotsays...

Boosting this quality contribution up in the Hot Listing - declared quality by Barseps.

Promoting this video back to the front page; last published Monday, October 8th, 2012 8:23pm PDT - promote requested by Barseps.

Sotto_Vocesays...

Praising his action as "honest" suggests that there was a "dishonest" path available to him which he rejected. But there wasn't! If he had kept those bonds he wouldn't have been able to cash them. So the options available to him were: (a) return the bonds and get a bunch of free publicity, or (b) hold on to the bonds and get a bunch of free useless bits of paper. Option (a) doesn't sound all that altruistic when you put it in perspective.

A nice surprise for the people who got those bonds, but the junk guy isn't some selfless hero here.

>> ^Barseps:

Ok, whether genuine or not, it don't change the fact that he did an honest thing.
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cosmovitellisays...

>> ^Sotto_Voce:

Praising his action as "honest" suggests that there was a "dishonest" path available to him which he rejected. But there wasn't! If he had kept those bonds he wouldn't have been able to cash them. So the options available to him were: (a) return the bonds and get a bunch of free publicity, or (b) hold on to the bonds and get a bunch of free useless bits of paper. Option (a) doesn't sound all that altruistic when you put it in perspective.
A nice surprise for the people who got those bonds, but the junk guy isn't some selfless hero here.
>> ^Barseps:
Ok, whether genuine or not, it don't change the fact that he did an honest thing.
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I'm sure he could have got something for them if he was so inclined..

dirkdeagler7says...

>> ^Sotto_Voce:

Praising his action as "honest" suggests that there was a "dishonest" path available to him which he rejected. But there wasn't! If he had kept those bonds he wouldn't have been able to cash them. So the options available to him were: (a) return the bonds and get a bunch of free publicity, or (b) hold on to the bonds and get a bunch of free useless bits of paper. Option (a) doesn't sound all that altruistic when you put it in perspective.
A nice surprise for the people who got those bonds, but the junk guy isn't some selfless hero here.
>> ^Barseps:
Ok, whether genuine or not, it don't change the fact that he did an honest thing.
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You mean like drop some cash on fake documents to cash bonds at what would probably be an over worked financial office?

Then again he could be more heavy handed and just approach those people saying he had them, and if they wanted to split it he would not destroy them. As you said he had nothing to lose by shredding them if the kids did not comply.

Where was it ever said that the only actions worthy of note or credit were those that were 100% selfless, that guy just handed those people enough cash to improve their life noticeably and they were more than grateful to him for it, what more reason is needed to pat the guy on the back?

Sotto_Vocesays...

>> ^dirkdeagler7:


You mean like drop some cash on fake documents to cash bonds at what would probably be an over worked financial office?
Then again he could be more heavy handed and just approach those people saying he had them, and if they wanted to split it he would not destroy them. As you said he had nothing to lose by shredding them if the kids did not comply.
Where was it ever said that the only actions worthy of note or credit were those that were 100% selfless, that guy just handed those people enough cash to improve their life noticeably and they were more than grateful to him for it, what more reason is needed to pat the guy on the back?


Banks, even over-worked ones, are not easily fooled by fake documents. It's not like getting into your local dive bar with a fake ID. The cost and risk involved in trying to cash the bonds with a fake driver's license (and a fake death certificate) would almost certainly be more than the bonds are actually worth. And if he went up to the family and demanded money for not destroying the bonds, what's to prevent the family from just contacting the police? Those bonds are not his property; he can't do whatever he wants to them with impunity.

So yeah, from a purely self-interested rational perspective, I'm pretty sure returning the bonds was the right move for this guy, especially once you factor in the fact that he got a free ad on local TV. Now, maybe he's a good guy who would have done it anyway even if it weren't in his interest, but that's not evident from anything I see here. I guess he should be praised for doing his job with sufficient care and not just indiscriminately junking everything, but that's about it.

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