How much money?
 

I closed a checking and savings account I had with Chase. The largest bank in the USA. I received this letter from them yesterday: :eek: :eek:

http://forums.pelicanparts.com/uploa...1364819581.jpg

Wait what? I am TEN TRILLION overdrawn?
Nope I got one of these letter for the saving account as well. Chase wants 20 TRILLION bucks from me?

Boy howdy I am glad I had that overdraft protection so I did not bounce the check I wrote for a few dozen aircraft carriers. I would think I would remember buying all of Washington DC.

I wonder if there is 20 Trillion in the entire world economy. If all the cash from every business & individual was pooled together is there 20 trillion?

The bad news is they might charge me extended overdraft fees if I continue to have a negative balance. Yea, right. Tack on a few bucks, see if that makes a difference. :eek:

It's only 10 BILLION (not trillion). Hope this helps. SmileWavy

Dude, you are officially broke and you have a letter to prove it. I once got a letter from my former stock broker about $127 million that they deposited in my account by mistake and when they found out what they did they cleaned out my account of everything I had. I still have the statement saying I had 127 M in my account.

Yea, Billion is a lot better than Trillion. :cool:

I guess with all those zeros I lost count. :eek:

That was a miss directed letter...was meant to go to the white house

Too bad the mistake wasn't in the other direction.

Keep an eye on this. This could, impact your credit report or score. Not to mention the collection agency that will be calling soon.

In my single days, I would have framed the letter in the front entrance of my doorway and had a block party... would have made for a fun couple of "dates" until the gold diggers figured out the truth.

When I sold my Aston Martin for a boatload of money, I showed the receipt from the ATM to a single male office worker of mine. He asked if I could print out a dozen for him. He wanted to have them to scribble his name and phone number on them and give them out to chicks he met at clubs. He figured with a mid-6 figure account statement, he'd get some phone calls back. I didn't give them to him.

To err is human. To really screw things up requires a computer!

this makes you too big to fail allowing you to borrow billions from the government at 0.1% interest.

or just go for the taxpayer bailout and pay yourself huge bonuses, your choice.

don't forget to tip your lobbyist.

Do not worry he " ...will be AAA always" as it been said by the Americas best! or just tell this folks to jump start you account economy or fix flat wallet :D - join them https://autoclubsouth.aaa.com/Join/JoinEntry.aspx?nvbar=Membership:Join

I would LOVE to have a collection agency call me asking for 20 Billion.

Last year I had the opposite problem. When I deposited a check for less than $200.00 dollars in to an account that had less than $2000.00 they gave me a deposit slip receipt that had my current balance. It was off by a number of decimal places, as reported I could have almost paid off your overdraft.

I asked the teller if she would double check the balance, I had not left her window yet, she hit me with attitude saying that it had to be correct, why should she double check it.

When I mentioned that if it is correct, I would like to withdraw 10 or so billion dollars.....

She double checked.

20 trillion, heck, our administration has that earmarked for the next 4 years. Oh, only 10 billion, that's all in a days work in Washington.

quick, set up a debt collecting agency and take commission on collecting that debt!

I program this kind of stuff for a living.

A long shot explanation:
they "zeroed" overdraft account variable on closure, then the letter was triggered by attempted overdraft and read the same field w/o checking first if account was closed or not (I bet it happened on the same day, but before nightly batch).

Probably a rare race condition. Somebody in their IT department didn't do his/hers homework.

but did you use his idea?

Someone wrote the algorithm behind that mistake. Billions are lost each year in the banking industry due to poor math skills.