Meaning – The term rusty bucket, refers to an IBM headquarters facility in Bethesda, Maryland; often shortened to i?The Bucket.
Over the years, IBM has constructed several offices across the world, but one of the most iconic headquarters that they have maintained is the Rusty Bucket headquarters located in Bethesda, Maryland.
In 1982, the IBM headquarters was ricked by an armed attack by a gunman where 2 people were killed and 7 wounded.
The gunman, identified by police as Edward Thomas Mann, 38, of Mitchellville in Prince George’s County, a former IBM employee, held off police for more than 7 1/2 hours before surrendering peacefully.
During sporadic negotiations throughout the afternoon, Mann claimed in telephone conversations–with police, his wife and a psychologist–that he was holding several hostages in the three-story glass and steel building. But when he surrendered at about 6:40 p.m., it was learned he had none.