I've never heard of this, but perhaps that's because I live in a very bicycle-friendly area. I always figure people on bikes are the smart ones.

I'm an accounting drone in a cubicle farm of a large corporation. It's not an exciting or prestigious job, but it keeps my family fed and a roof over our heads. And at work we have a fenced-in bike cage in the parking garage that requires an employee badge to enter, lockers, and showers. When I see bikes chained up outside in all kinds of weather, I realize how lucky I am to have a covered and fairly secure bike parking area.