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Bounty Hunting, for Real

August 24, 2010

Last month, we wrote on “bounty hunting” as a metaphor tacitly invoked by the SEC in the context of certain new Dodd-Frank provisions, which mandate the award of “bounties” to whistle-blowers in certain situations.

In an unrelated posting, we wrote about the iconic outlaw (and local hero) Colton Harris-Moore, a.k.a. “The Barefoot Bandit,” who was finally captured in the Bahamas after eluding authorities for years.

These two  disparate threads come together in a recent initial public offering by a Denver-based outfit called the Bureau of Fugitive Recovery, Inc.  As its name suggests, the company hopes to build a business capturing fugitives.  And it will do so through the efforts of its “recovery agents, sometimes called ‘bounty hunters’.”  Nothing metaphorical about those guys, presumably.

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