Daily Cal Article On Bookswap, My Additional Comments
The Daily Cal contributes some interesting information about the Bookswap theft, including:
- Apparently the event was so badly managed and records and receipts so incomplete it will be difficult to figure out how much was actually stolen.

- Insurance may not cover the stolen money. Personally, I would imagine that to receive insurance for an event like the Bookswap you would have to promise not to leave a box contained 10,000 dollars sitting on Sproul complete unguarded. It's not entirely clear why there is doubt over whether or not the event is covered by insurance, and the confusion over whether or not it is covered indicates that there is not a clear insurance policy in place that can be consulted.

-There isn't enough money in the contingency fund to cover even the minimum amount that may have been stolen (and there is no indication that President Leybovish could get away with raiding these funds even if he wanted to).

-Leybovich: “Had it not been for this mishap, it would have been awesome.” Um, yeah.

-There may have been a webcam pointed at Sproul at the time the theft occurred.

Allowing a theft like this to occur, by leaving tens of thousands of dollars on Sproul Plaza unguarded, strikes me as completely beyond the pale. Any large scale event like this is likely to run into some difficulties, many of which are easy to condemn in hindsight. This screw-up is not something that can be excused in this manner, and represents a truly irresponsible act by those in charge of the Bookswap. Email This Post!