Who takes out money at 10:14 PM and at Capital One – that bank is wack! Now you try to make yourself feel better in the comments section.
Some Jerk Left This Receipt At An ATM In The Hamptons
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And? And the IRS will get that too!
I think that he definitely qualifies to be in the top 1% of the wealthiest americans category. Therefore, they have their ways of getting around paying any (or very, very little) taxes. To paraphrase Jigga; he has 99 million choices & paying the IRS ain’t one.
If I earned it, why can’t I keep it?
That reasoning is one of many why we have such a huge deficit, right now.
no you have a huge defict because your government refused and continues to refuse regulating your out of wack banking system, shady ass insurance groups and runnin a muck wall street. Never have i seen a western nation allow their financial system to completely run without any sort of reigns or regulation. Here in canada we too have a modest deficit, however we regulate our banks with the quickness, which is why our country will probably never fail as hard as the us.
No it is your reasoning that we have such a deficit now. Our government tells itself your money is their money and they spend it before they get their hands on it.
It is as simple as I wrote, if they earned it (just like you do) why can’t they keep it (like you do)? Are you saying they can’t keep what they earn? Do you know if they can do it to them, they cay do it to you?
I mean really, say what you mean. You can’t keep the money you earn because it belongs to who?
don’t encourage him…u knew someone one gonna channel hate into this
Wow, that’s smart considering the FDIC only insures up to $250,000. Tell you what my friend, how ’bout sliding some of that my way. I’d like to comfortably pay this months rent, car note, insurance, tuition, celly, groceries, light weight entertainment, and the graphic guy to finish the logo for my blog.
Yeah I was thinking that too. I know enough about finance and money to know i would NEVER keep that much in one account. Not even for a little while.
Damn, I need to be more responsible with my ATM receipts. AND, my Capital One account is just the one my wife knows about….of COURSE I prefer my off-shore bank!
Hampton huh?
stick up kids, switch y’all spots n targets up,
quit takin’ from folk strugglin’
what?
That’s what the elite calls socialism. The “Robin Hood” syndrome; take from the rich & give to the poor. Yet, ironically, the conservatives have the nerve to call themselves “Christians”… hypocritical fascists would be more like it.
Robin Hood took from the government of the day (the King, the royal family and those connected to the king… in particular the tax collector – remember that in the story?) so if its going to be about Robin hood then it may have to be about getting the government out of our pockets whenever we prosper.
They don’t bank w/ Capital One; there was an ATM fee.
Only $400 withdrawal? I know you can do better than that. *In my hater voice*
Probably just buying a snack
That has to be an investment account and not a regular savings at Capital One…no one in their right mind would keep this kind of cash in a regular account at a regular bank.
of course. most of it would be uninsured in a regular account – that would be ridiculous.
I found the article regarding this story on http://www.msnbc.msn.com —
$100 million savings receipt left in ATM
What would lead someone to let that much money languish?
Maybe he’s so rich, he thinks $100 million is chump change.
Wall Street tabloid Dealbreaker reported that a hedge-fund manager left his receipt at an ATM in the New York resort village of East Hampton after paying $2.75 to withdraw $400 from an account with a $100 million balance.
Interest on a savings account is less than one percent, meaning that the account holder is making virtually nothing on his pot of $100 million. He could get at least 3 percent in a Treasury account.
The Capital One Bank ATM receipt was given to Dealbreaker by a Wall Street executive, the New York Post reported, though it’s not entirely clear why the executive did so.
Dealbreaker also reported that the receipt apparently belongs to hedge-fund manager David Tepper with Appaloosa Management. When contacted by the New York Post, Tepper dismissed the story saying he’s too sophisticated a man to leave so much cash in a low-yielding account.
The FDIC only insures up to $250,000 per depositer, per insured bank, for each account. So leaving your ATM receipt at a bank at 10:41 p.m. isn’t exactly the smartest way to protect your account information, which is something you’d think a smart money manager would already know.
http://www.msnbc.msn.com/id/43591719/ns/business-us_business/t/million-savings-receipt-left-atm/?gt1=43001
I don’t care if somebody thinks 100Mil is chump change… it is still dumb to put that amount of money in one account or a regular bank account.
An ATM receipt showing a $100 million account balance was left behind at a Hamptons, Long Island Capital One bank. The receipt, uncovered by Dealbreaker.com, reportedly belongs to billionaire hedge fund manager and Hamptons resident, David Tepper. The ATM slip shows a savings balance of a whopping $99,864,731.94. Needless to say – he had to pay the $2.75 – just like the rest of us. When contacted by Dealbreaker, Mr Tepper joked that he “hadn’t used an ATM since Lehman.” (Taken with instagram)
HUNNID MILLION DALLAZ?? WHO U THINK U GOT?!?!
CHELSEA CLINTON??
LMFAO YES!!!!!!!!!!!!! You are the shit for quoting Chris Tucker!
*DEAD* LMFAO!
2.75? Capitol 1 is def not his Bank. Lol But what does he or she care.
The Balance……Damn the Balance!!!
Looks like someone wanted some COKE at 10pm…….
You hit the nail on its head!
@ Torontostaar — your comment was pretty smug & condescending for a guy from a country whose greatest exports are snow, hockey and apparently, extra “a’s” in the spelling of your name, “eh” (pronounced ey for all of the non-Canadians reading this)?
None of those things are really anything to brag “aboot”, don’t you think? & they certainly don’t make your country a force to be reckoned with, globally speaking. Even the Bruins defeated the Canucks to win this year’s Stanley Cup. I mean, C’mon, son! What’s with all of the “kerfuffle”?
However, if we ever come under attack by the Abominable Snowman & the Heat Miser or we’re just on the receiving end of a really savage snowball fight, we’ll be sure to give you guys a call.
Anyway, now that we’ve settled those things, I can formally address your statement.
You made some decent points within your statement regarding Wall Street running amuck, our shady insurance groups and our wack banking system, as you put it.
Although, those things did contribute to our struggling economy, we’ve also suffered a massive blow to our economy, between 2001-2007; by amassing an outrageous amount of debt by getting into 2 mostly unnecessary wars & giving drastically reduced tax cuts to the aforementioned wealthiest 1% in our country, all thanks to former President W.
That also being coupled with our country’s slowest economic growth since World War II, due to most of the major corporations in our country relocating their headquarters and outsourcing American jobs overseas to other nations, all contributing to our current debt crisis.
To say the least, there was a lot of mismanagement going on, under the tutelage of W. Which we’re still suffering the repercussions from by having a Republican controlled House of Representatives who have vowed to oppose every positive change that President Obama is trying to implement, without regard for the detriment to our failing economy.
and I am sure since you think Bush is at fault that you will vote for a smaller government next time because if it was smaller, he wouldn’t have the power to do the things he did… right?
tell him to throw me a milli i know you got it…lol.
Number 1 Big Butt for 2011 http://t.co/LUg1gHS
I don’t get it, what makes him/her and idiot? The number of people who spend so much time railing that they don’t have what the rich have and so the rich shouldn’t have it either, never ceases to amaze me. Why don’t you do what they did, EARN A BUNCH OF MONEY? Oh… yeah, then the government would expect you to give it all to *them*… and you’d *hate* that!