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The Atlas Obscura Podcast · Wednesday, July 29, 2026

Hostage Situation in Stockholm Bank Coined 'Stockholm Syndrome'

In August 1973, Jan Olsson robbed a bank in Stockholm, initiating a six-day hostage situation. The dynamic between Olsson, his accomplice Clark Olofsson, and the hostages was so unusual that it led to the coining of the term "Stockholm syndrome." Despite the police efforts to end the situation, the hostages later refused to testify against their captors, and Olofsson was acquitted.

personJan OlssonpersonClark OlofssoncompanyCredit Bank

The tape

4 quotes
And it's in this beautiful old brick 19th century building. Um, but this hotel is famous for something that happened inside of this building 50 years ago.
Amanda McGowan
So this hotel is a former bank. And back in the 1970s there was actually a very high profile and very botched bank robbery that occurred in this vault.
Amanda McGowan
But critically, the dynamic between the hostages and the robbers in this situation was so unusual that it actually coined a term in psychology called Stockholm syndrome.
Amanda McGowan
And so the hostages say, no, we can't come out first because if we leave and it's just Jan and Clark in here, then you're going to shoot them.
Amanda McGowan
Heard on The Atlas Obscura Podcast — “The Hotel That Gave ‘Stockholm Syndrome’ Its Name, published Wednesday, July 29, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.04
Hostage Situation in Stockholm Bank Coined 'Stockholm Syndrome' — Heardvine