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Old 07-01-2011, 06:55 AM   #21
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Although banks are regulated and now there is a lot of focus on the books, reserves, liquidity, etc.


Putting $100M into a savings account means taking on much of the company risk will little participation in the potential upside.

Seems like a dumb move to me. This person would be better off putting the bulk of it in short-term treasuries. Better guarantee... maybe even a better return.

Surely this is a lottery winner and not a money manager.
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Old 07-01-2011, 08:56 AM   #22
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Also I wonder if you could do this: Deposit "checks" via ATM and state that the deposit amount is $190,0121,491.45 or so. I think the software will update your account total even though it is "pending". Then go around and check your balance leaving the receipt dangling.
The available balance matches the balance, so that couldn't be the cause. I don't know of any bank that would make an ATM deposit of millions or even of thousands available immediately.
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Old 07-01-2011, 09:31 AM   #23
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This has to be photo-shopped. Who in their right mind would have $100 million at Capital One? NO WAY. Would I believe it if it was JP Morgan or Northern Trust or some other "good" bank? Maybe, but Capital One. Gimme a break.

I guess nobody read what I posted before.... the money is not in Cap One.. if you have an account at Cap One they do not charge you a fee... since there is a fee, it is not a Cap One account.... simple..


Now, I did see a video of an talk with someone who is rich and he said he has a lot of money in Chase... that they pay him 20 or 25 BP and that is a good rate for 'cash'... and he said this could be a small amount of his investments in cash for the guy...

Also, rich people get special favors... more than likely they are sweeping this money into an investment every night so the funds are not 'in the bank' if it is every closed...

Is it fake Sure it could be.... but there also is the possibility it is real...
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Old 07-01-2011, 02:11 PM   #24
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Saw this article....blinked and kept going. I knew it wasn't mine.
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Old 07-01-2011, 06:40 PM   #25
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Another candidate for ER. We should see them on this forum any day now.
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Old 07-01-2011, 06:46 PM   #26
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Another candidate for ER. We should see them on this forum any day now.
Probably under the thread "Do I have enough to ER?"
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Old 07-02-2011, 09:59 AM   #27
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See the big short for an example of a big ATM balance. Paulsons right hand man was in the Carribean when he got his bonus and the book said the atm machine showed a balance that they did not know it was possible for an ATM machine to show.
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Old 07-02-2011, 11:12 AM   #28
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Maybe we can make our own:
Fake ATM receipt Generator
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Old 07-02-2011, 12:19 PM   #29
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Probably under the thread "Do I have enough to ER?"
Or:
"Where do I park my cash?"
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Old 07-03-2011, 11:17 PM   #30
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Probably under the thread "Do I have enough to ER?"
Followed by: "I'd work one more year just to be on the safe side. Or consider consulting part-time."
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