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ATM Receipt With $1 Million Balance Shows Tale Of 2 Cities In New York
http://www.businessinsider.com/atm-receipt-1-million-cash-balance-2013-4#ixzz2RHpIz4L0 ^ | April 23, 203 | Jim Edwards

Posted on 04/29/2013 10:26:31 AM PDT by rightwingintelligentsia

OK, so a lot of rich people live in New York.

We know that.

It's not news.

But it hits home in a non-abstract way when, if you're not one of the very rich, it's rubbed in your face at your local bank.

These two ATM receipts were discovered at a local Chase bank by my old colleague Tony Case, the special reports editor at Adweek. He gave me permission to publish his photo of them. They show that someone recently withdrew $300 in cash on a balance of $1 million, just after someone else tried to withdraw $100 on an account that had insufficient funds.

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events; US: New York
KEYWORDS: banking; receipts; sourcetitlenoturl
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To: 2ndDivisionVet

Show you what? That its fake? Or that some people here believe it’s real?


61 posted on 04/29/2013 3:44:10 PM PDT by coop71 (Being a redhead means never having to say you're sorry...)
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To: rightwingintelligentsia

The one on the right is from a lottery winner that couldn’t wait for the check to clear.


62 posted on 04/29/2013 4:07:11 PM PDT by elkfersupper ( Member of the Original Defiant Class)
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To: Mase
I'm surprised she didn't get a nice bottle of Asti-Spumanti.....or, better yet, Moscato.

You are far to kind in your analysis, I would have expected to see 2 bottles of Mad Dog 20/20 a 16 ounce Malt Liquor and a bottle of Aspirin and a pot of coffee.

63 posted on 04/29/2013 11:55:57 PM PDT by cpdiii (Deckhand, Roughneck, Mud Man, Geologist, Pilot, Pharmacist. THE CONSTITUTION IS WORTH DYING FOR!)
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To: rightwingintelligentsia

In 1982 I was in that top 5%. I did not write hot checks, there were no ATM machines then. In 1982 the oil field went down the tubes and I had no income for the next 2-1/2 as I went back to University to obtain a new degree. I did not write hot checks even though I was then in the last percent wish was zero. I lived on my savings which quickly went to zero. I then lived on the sale of my home and aircraft. I did not write hot checks.

When I graduated again I was then thankfully in that top 5%. I still do not write hot checks. I have worked as a deckhand, roughneck, drilling fluids tech, pilot, and pharmacist. I was able to do this from work ethic instilled by grandparents whom were a product of the depression.

The point of my post is anyone in our great nation can be anything they want so long as the do not have mental or physical handicap the prevents them from their goal.

ps
I am glad that someone had over a million dollars in the bank. Each and every person that gave me a job over the last 47 years were millionaires, and they earned it.


64 posted on 04/30/2013 12:18:34 AM PDT by cpdiii (Deckhand, Roughneck, Mud Man, Geologist, Pilot, Pharmacist. THE CONSTITUTION IS WORTH DYING FOR!)
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To: cpdiii

bump


65 posted on 04/30/2013 12:20:16 AM PDT by GeronL (http://asspos.blogspot.com)
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To: rightwingintelligentsia

The way the article is written, it seems to this reader the author wants to take the $1,002,057.30 from the one, and “spread the wealth around”. What irks me is the fact that someone with over $1,000,000 in the bank thought it necessary to get $300 from CREDIT. Why on earth wouldn’t you just take $300 of your own money, rather than pay someone interest, transaction fees, etc. on theirs?

And ATM fees should be considered usury. It’s ridiculous to charge me money to get my money. And you can bet if I had $1,000,000 in a bank - the bank president would know that any time I want my money, especially via an ATM, I do NOT get charged.


66 posted on 04/30/2013 6:01:17 AM PDT by ro_dreaming (G.K. Chesterton, “Christianity has not been tried and found wanting. It’s been found hard and lef)
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To: rightwingintelligentsia

Fake liberal psyops. I don’t believe anyone would leave that receipt for over $1 million, not sober at least.


67 posted on 04/30/2013 8:17:59 PM PDT by 1010RD (First, Do No Harm)
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To: null and void

Great insight. The trouble is Chase Bank.


68 posted on 04/30/2013 8:18:39 PM PDT by 1010RD (First, Do No Harm)
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To: pgkdan

Yep. I don’t know why we send hits to BI.


69 posted on 04/30/2013 8:20:51 PM PDT by 1010RD (First, Do No Harm)
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To: Opinionated Blowhard

I knew a girl in college that bounced checks all the time. She was furious that not only didn’t the bank honor her rubber check, they also charged her a fee.

In a fury she went to see the manager. The banker convinced her to get overdraft protection. She never bounced a check again. It cost her $135 in loan interest and fees annually to save the $120 it cost her each year in overdraft charges.

She was a finance major, too.


70 posted on 04/30/2013 8:26:34 PM PDT by 1010RD (First, Do No Harm)
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To: mnehring

This was my Nigerian friend. He’s a prince in his country, but they have strict currency rules. I gave him all my financial info and he made this deposit for me.

Answer the emails, it really works!


71 posted on 04/30/2013 8:48:35 PM PDT by 1010RD (First, Do No Harm)
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