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04-02-2010, 12:20 AM
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#1 | | y'all better put some respeck on my name
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| Man finds $88 billion in bank account
Quote:
When Paul Fischer checked his bank account Friday night, he had a happy surprise. His balance had exploded to $88,888,888,888.88. A very lucky number indeed, and close to $89 billion.
Of course, the balance was a technical error by SunTrust Bank (NYSE: STI - News), which quickly fixed the problem. It also may have occurred in other accounts.
"You say, 'Eighty-eight billion, what can I do with that?'" said Mr. Fischer, who owns a jewelry concessionaire for Florida theme parks. "Maybe a handful of us could have brought down SunTrust Bank."
Mr. Fischer had other ideas as well. Before the problem was fixed, he asked a SunTrust rep if he could move the money to an interest-bearing account until it was reclaimed and donate the interest to charity. Total interest: more than $7.3 million.
The bank said no.
The money was stripped out of his account by Saturday morning.
"It's all gone. I'm poor again," he said. "I was a billionaire for five hours."
This kind of bank error happens frequently. But Mr. Fischer raises an interesting question: What if, for five hours, you truly did have $89 billion?
What would you do with the money? The ground rules are that you would have to give the money back — and whatever you bought or invested with it — after five hours.
http://finance.yahoo.com/banking-bud...for-five-hours | .
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04-02-2010, 12:22 AM
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#2 | | Unofficial Tin Foil Hat Specialist.
Join Date: May 2008 Location: Vancouver
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The Bank must be Nigerian.  | |
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04-02-2010, 12:26 AM
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#3 | | I only answer to my username, my real name is Irrelevant!
Join Date: Oct 2002 Location: CELICAland
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some bank exec laundered money into the wrong account
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04-02-2010, 01:11 AM
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#4 | | Banned (ABWS)
Join Date: Oct 2005 Location: BC
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88billion shit i can buy a country with that
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04-02-2010, 01:22 AM
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#5 | | RS.net, where our google ads make absolutely no sense!
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if i knew i had to return the 88billion after 5 hours, i would make investment into stocks, lol
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04-02-2010, 01:25 AM
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#6 | | OMGWTFBBQ is a common word I say everyday
Join Date: Mar 2002 Location: Vancouver
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i checked my account today
i had -$9.xx in it
fml  | |
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04-02-2010, 01:36 AM
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#7 | | HELP ME PLS!!!
Join Date: Sep 2008 Location: Burnaby
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The higher you climb, the harder you fall. If I were the guy, I would sue the bank for causing psychological trauma.
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04-02-2010, 02:09 AM
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#8 | | OMGWTFBBQ is a common word I say everyday
Join Date: Mar 2002 Location: Vancouver
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^ theres no way ur gonna win against bankers
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04-02-2010, 02:17 AM
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#9 | | ...in the world.
Join Date: Oct 2001 Location: Richmond
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| Quote: |
What would you do with the money? The ground rules are that you would have to give the money back — and whatever you bought or invested with it — after five hours
| What the fuck...? What could you do with it if you have to give it all back? That seriously limits your options.
I'd buy $89 billion dollars worth of diamonds and then pull a Scrooge McDuck.
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04-02-2010, 02:30 AM
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#10 | | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2008 Location: Vancouver
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Pretty sure they money came from chinese people ;D
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04-02-2010, 02:37 AM
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#11 | | i like gifs
Join Date: Dec 2001 Location: imgur
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| Quote:
Originally Posted by Ronin  What the fuck...? What could you do with it if you have to give it all back? That seriously limits your options.
I'd buy $89 billion dollars worth of diamonds and then pull a Scrooge McDuck. | buy stocks
flip stocks
return money
??
profit
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04-02-2010, 03:12 AM
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#12 | | ...in the world.
Join Date: Oct 2001 Location: Richmond
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Any stock that fluctuates enough to make a profit in five hours is probably rather risky and you could lose it all.
...not to mention buying $88 billion in stock is going to have a significant effect on the market and you could be screwed when you try to sell.
Someone is going to travel to...I don't know...Russia...and buy $88 billion dollars worth of mail order brides and have the best 5 hours in the history of man.
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04-02-2010, 03:14 AM
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#13 | | Rs has made me the woman i am today!
Join Date: Oct 2004 Location: Richmond
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| Quote:
Originally Posted by Ch28 buy stocks
flip stocks
return money
??
profit | so for someone with no experience in the stock market... you are going to day trade... lol you would lose all the money and owe up the asssssssssss
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04-02-2010, 07:25 AM
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#14 | | Marcosexual Fan Club, CEO
Join Date: Jun 2005 Location: US Bush-country
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Get the credit rating agencies to do a credit check on me.
__________________
Poor is the man whose pleasures depend on the permission of another.
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04-02-2010, 09:32 AM
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#15 | | Rs has made me the man i am today!
Join Date: Oct 2005 Location: Langley
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withdraw money asap
run my ass to mexico
never be seen again
live like a king
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04-02-2010, 10:01 AM
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#16 | | The RS Freebie guru
Join Date: Jul 2001 Location: East Vancouver
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| Quote:
Originally Posted by stewie withdraw money asap
run my ass to mexico
never be seen again
live like a king | I guess you'd be like that New Zealand couple. http://consumerist.com/2009/05/new-z...us-update.html
I'm not sure what the eventual outcome of that was.
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04-02-2010, 12:56 PM
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#17 | | Even when im right, revscene.net is still right!
Join Date: Mar 2002 Location: Victoria, B.C.
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Holy! On paper, he was the richest man in the world for 5 hours!
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04-02-2010, 12:59 PM
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#18 | | Willing to sell a family member for a few minutes on RS
Join Date: Feb 2005 Location: Surrey
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wow
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04-02-2010, 03:33 PM
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#19 | | MiX iT Up!
Join Date: May 2006 Location: vancouver
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i'd buy a blue chip stock that has been going up - even if it goes up .01 - i'll be ok  ..
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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04-02-2010, 04:11 PM
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#20 | | To me, there is the Internet and there is RS
Join Date: Apr 2007 Location: Okanagan
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| Quote:
Originally Posted by Ronin Any stock that fluctuates enough to make a profit in five hours is probably rather risky and you could lose it all.
...not to mention buying $88 billion in stock is going to have a significant effect on the market and you could be screwed when you try to sell.
Someone is going to travel to...I don't know...Russia...and buy $88 billion dollars worth of mail order brides and have the best 5 hours in the history of man. | Well first, you spread it out. Not many companies would even have $88 billion of stock up anyways. Second, you get into things that will move slightly but are considered fairly safe, as with such large amounts of money you won't need them to move much to make quite a profit. Even if you only gain 0.1% you've just made $88 million, which or more than enough to retire on. Hell, if you gained 0.01% and made $8.8 million you could retire easily.
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed] Quote:
Originally Posted by maksimizer half those dudes are hotter than ,my GF. | Quote:
Originally Posted by RevYouUp reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z | Quote:
Originally Posted by Good_KarMa OH thank god. I thought u had sex with my wife. :cry: | | 
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04-02-2010, 04:20 PM
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#21 | | Rs has made me the woman i am today!
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funny that the bank actually had 88 billion....or it is what it is, a glitch...
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Go Canucks Go!
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04-02-2010, 04:33 PM
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#22 | | Banned (ABWS)?
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LOL!! wow.. That's enough to be #1 on the Forbes list.
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04-02-2010, 05:16 PM
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#23 | | Rs has made me the man i am today!
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I would withdraw as much as I could haha
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04-02-2010, 05:51 PM
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#24 | | I'll be good I promise.
Join Date: Oct 2009 Location: North Korea
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OMG HAX!
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04-02-2010, 07:08 PM
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#25 | | Everyone wants a piece of R S...
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I just want to inform everyone not to be a retard if the bank makes a mistake and deposits more money into your account. If you use that extra money and make it rain at a club or holt renfrew, they will hunt you down with no mercy. First they will deduct the error, which will put you in the red. Then they will charge overdraft and interest fee. If they are really mean they can also charge you with theft if you spend it.
As for that credit check, I think every bank will pound on your door for your business if you had 88 billion lol
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