To steal something, then burn it.
"You hear about John? He got picked up for larsony."
"That crazy motherfucker. I didn't know he was a larsonist."
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In competitive contract bidding, you commit Grand Larsony when your bid is dumb-ass low compared to other, more qualified bidders.
DD: Nice bid, man
TL: Naw, I'm 27% below your bid
DZ: Yeah man, your so low you committed Grand Larsony.
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