New Suspect In $100 Million ATM Receipt
Special to CNBC.com
The mysterious $100 million ATM receipt found in the Hamptons doesn't belong to David Tepper, according to The Daily.
From The Daily:
"Sources say the real ATM user was Ron Baron, of Baron Capital Management, who bought a farm in East Hampton four years ago from Adelaide de Menil for $103 million, a record for residential real estate at the time. Baron’s new 28,000-square-foot house is almost complete — with painting and landscaping costs no doubt requiring a great deal of liquidity."
Dealbreaker first identified the account owner as David Tepper of Appaloosa Management. Tepper — who said he hasn't used an ATM since Lehman — denied being the owner telling the New York Post, "I would never do something as irresponsible as leaving $100 million in a savings account."
Questions? Comments? Email us atNetNet@cnbc.com
Follow NetNet on Twitter @ twitter.com/CNBCnetnet
Follow Julia on Twitter @ twitter.com/SallyPancakes
Facebook us @ www.facebook.com/NetNetCNBC