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Hunt for East Hampton Owner of $100Mn

June 30, 2011

Your Capital One ATM receipt for a $400 withdrawal was found. 

Courtesy of Dealbreaker

It seems that an uber-wealthy New York mogul left a receipt hanging out of a Capital One ATM in East Hampton.  The receipt shows a $400 cash withdrawal from a savings account plus a $2.75 ATM fee.  And it shows the owner's remaining balance of $99,864,731.94

Rumor has it that the receipt belongs to hedge fund manager David Tepper of Appaloosa Management, who made billions during the housing collapse.  Dealbreaker's Bess Levin seemed more sure that it's David Tepper, noting that he supposedly "joked after the withdrawal that he 'hadn't used an ATM since Lehman'."  In any case, Mr. Tepper denied it was him, when asked by The New York Post. 

Yet, it wouldn’t be out of character for Mr. Tepper, a profligate spender and Hamptons regular who once mused to a New York magazine’s writer about how he could spend his billions:  "I could buy an island. I could buy a private jet - but I have NetJets.  I could get myself a 22-year-old!"

For further details, go to:   [Dealbook, 6/30/11]   and  [Dealbreaker, 6/29/11]