How much money do you have in your savings account? - Las Vegas Nightclubs - Message Board, Forum & Trip Reports

How much money do you have in your savings account?

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  • How much money do you have in your savings account?

    Probably not this much...haha. Holy shit:

    http://gawker.com/5816745/this-100-m...-hate-yourself

  • #2
    It's David Tepper's account. Why the hell would he have 100 mil sitting in a savings account making 50 basis points? More money than he knows what to do with i guess.
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    • #3
      I can't understand how you could be a hedge fund manager and think the best way to keep your money was in a current account?

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      • #4
        Originally posted by Matt View Post
        I can't understand how you could be a hedge fund manager and think the best way to keep your money was in a current account?
        Remember though, Tepper's worth about $4-5billion and manages a lot more of other peoples money... $100mil is just pocket change to him lol

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        • #5
          Originally posted by Drew View Post
          Originally posted by Matt View Post
          I can't understand how you could be a hedge fund manager and think the best way to keep your money was in a current account?
          Remember though, Tepper's worth about $4-5billion and manages a lot more of other peoples money... $100mil is just pocket change to him lol
          Yeah, this account is his "walking around" money.
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          • #6
            Originally posted by Universal View Post
            Probably not this much...haha. Holy shit:

            http://gawker.com/5816745/this-100-m...-hate-yourself
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            • #7
              I guess with that much money in his savings account, there's never a worry of the bank becoming insolvent - he's the one propping it up.

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              • #8
                I agree with Drew & Mystic.....this is chump change to this man and prolly his everyday money. I'm sure theres a few more accounts earning him whats in this account to play with.
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                • #9
                  I'd assume this account is where his interest from other investments pools into...
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                  • #10
                    Supposedly fake


                    http://www.huffingtonpost.com/2011/0..._n_887993.html

                    "The New York Post reached Tepper on Wednesday night who denied even being in the Hamptons in June.

                    "I would never do something as irresponsible as' leaving $100 million in a savings account," he told The Post.
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                    • #11
                      Originally posted by not a vet but no rookie View Post
                      Supposedly fake


                      http://www.huffingtonpost.com/2011/0..._n_887993.html

                      "The New York Post reached Tepper on Wednesday night who denied even being in the Hamptons in June.

                      "I would never do something as irresponsible as' leaving $100 million in a savings account," he told The Post.
                      I did wonder how they even identified it to be him in the first place... lol

                      And if it is his he probably got called by a lot of clients wondering why his money was in a savings account and not in his hedge fund lol

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