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The above receipt was recently found discarded, like so many greed-driven dreams, in a Wall Street ATM vestibule. Yes, someone on Wall Street just saw their bank account dip under the six figure mark. Maybe the sky really is falling! Or maybe Consumerist is right and the savvy rich lady or gent likely keeps the balance as such "for full FDIC coverage." Either way, that receipt's a real downer.
In other news, Michael Douglas is not Gordon Gekko, nor is he qualified to field your questions about the financial crisis. If that was obvious to you, you're one step ahead of the reporter that asked him, "Are you saying, Gordon, that greed is not good?" Douglas replied, "I'm not saying that. And my name is not Gordon. He's a character I played 20 years ago."
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Already read this on gawker.
You think if you had that much cash, you'd at least put it in a money market account.
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www.jewssip.com
Yeah, agree with 2. This amount of money should not be in this kind of account.
I bet he does it just to piss people off. I know I would.
I agree, the fact that $97k is in a Chase checking account with a whopping .02% interest rate is the real story here. Even a t-bill at the height of last week's garbage yields more dough.
Oh and it being on gawker is just a point of fact. Not a detraction from this site. I can't even post on that stupid idiot bored for jerks.
"woes"? forgive me if I don't shed a tear for someone with $97,000 sitting in a savings account.
I get excited if i have $1,000 in my account... it doesn't stay there for too long
money market yields 4 percent at most. The CPI is at 5%. You still lose money. This bitch probably uses money like water so a checking account is fine.
Wait, wait, wait. If you don't keep 97 thou in your checking account, how're you to buy a house on a whim? I get this guy's logic!
Maybe that's just his every day checking account.
His other accounts might be Money Market, IRA , etc that doesn't show on the receipt. You can't tell from just this.
my ex-boyfriend interned for a bigwig at universal studios this past spring and was once asked to go get some cash for him from an atm. the guy gave him the pin number and everything to get out like 60 bucks, and asked him to get a receipt. this dude had something like 300,000 in his CHECKING. we were convinced the entire thing was just a perverted ego boost to prove how much money he has lying around. what does this have to do with anything? not much.
you sound bitter
Looks like this guy/gal is keeping their money insured by letting it hover just under the 100,000 mark. The rest is probably in a box under their bed (or in a separate account). Real slick.
Ok, people shouldn't leave their ATM receipts for anyone to find, but is it really fair to post this on the internet? I'd guess no one could pull identity theft based on this information, but it's still personal information.
And, besides, why would we consider this in any way laughable? Remember, this person COULD be some bigwig stock trader...but that seems unlikely, given that a bigwig would presumably be doing something smarter with the money than keeping it in a savings account. For all we know, this may instead be some 60-year old janitor down in the financial district, and this could be his life savings.
Is the person (whoever he or she is) making the best possible return from the money? Well, not really -- but so what? It's their choice (for reasons that may be totally personal), and their money. So why should we care? This seems to me to be an invasion of privacy, and a complete non-story.
If the person who left the receipt is a partner in a law firm, or a self-employed consultant, it's entirely feasible that the funds will be going to pay their third-quarter federal, state, and city tax installment, due October 15. As a formerly self-employed artist, even MY measly account would look pretty impressive in the last days before I gave it all to Uncle Sam.
The receipt says "savings". This moron had that much escarole trapped in a Chase shitty interest sandwich. So why $100? Why not $95,000 and let the rest moulder? Saving for a rainy day? It's pouring buckets, and not just from a low pressure system off the Carolina coast.
He could buy a lot of Pb with that amount.
the last time I saw a thousand in my account was Christmas time, then a lien took it all. thankfully my bonus was a hard check cashed at a check cashing facility or I would be dirt broke.
Sorry guys. next time i'll throw out my trash
^Oh don't do that. Write your phone # on the back and give the slip to a pretty girl. When she sees that bank balance, you will get that call.