ATM Receipt Shows $100 Million In Savings Account In East Hampton
Bess Levin of dealbreaker.com, got a piece of juicy Hamptons gossip when she broke a story about an ATM receipt in East Hampton that was left at a Captial One Bank. The receipt was a withdrawal stub for $400, and the remaining balance was for $99,864,731.94.
Just under $100 million!
He also paid a $2.75 ATM service fee.
Bess claimed that the receipt belongs to financial Hedge Fund legend David Tepper, who is the chief of Appaloosa Managment in Manhattan, which is the same guy that decided to bulldoze down a home he bought for $45 million in Sagaponack so that he could build one more to his liking. According to dealbreaker, Tepper joked that, he “hadn’t used an ATM since Lehman.”
I don’t know whether to laugh or cry.
Anyway, Tepper responded to the whole ordeal and said that the picture is a fraud and told the New York Post, “I would never do something as irresponsible as leaving $100 milllion in a savings account.”