Hardly Serious

RSS
Jul 1
Take a look at this ATM receipt — $100 million bucks in a savings account. Wow. Apparently David Tepper left this in the ATM after withdrawing some cash while at his place in the Hampton’s. 
My question is why does a top notch financier have $100 million in a low-yield Capitol One savings account that does next to nothing for his bottom line and only insures up to $100,000.00? 

Take a look at this ATM receipt — $100 million bucks in a savings account. Wow. Apparently David Tepper left this in the ATM after withdrawing some cash while at his place in the Hampton’s. 

My question is why does a top notch financier have $100 million in a low-yield Capitol One savings account that does next to nothing for his bottom line and only insures up to $100,000.00?