NBC: pirates bigger threat to America than bank robbers, burglars

“Our law enforcement resources are seriously misaligned,” NBC/Universal general counsel Rick Cotton said. “If you add up all the various kinds of property crimes in this country, everything from theft, to fraud, to burglary, bank-robbing, all of it, it costs the country $16 billion a year. But intellectual property crime runs to hundreds of billions [of dollars] a year.”