TIL about Walter Schramm and escheat. He bought AMZN stock in 90's and pledged not to look at his stock account for 20 years. After 20 years logged on and $100,000 worth of Amazon stock was gone. Taken by the state government as unclaimed property because his account was deemed inactive.

julho 30, 2020

TIL about Walter Schramm and escheat. He bought AMZN stock in 90's and pledged not to look at his stock account for 20 years. After 20 years logged on and $100,000 worth of Amazon stock was gone. Taken by the state government as unclaimed property because his account was deemed inactive.

TIL about Walter Schramm and escheat. He bought AMZN stock in 90's and pledged not to look at his stock account for 20 years. After 20 years logged on and $100,000 worth of Amazon stock was gone. Taken by the state government as unclaimed property because his account was deemed inactive. https://www.npr.org/2020/02/13/805760508/when-your-abandoned-estate-is-possessed-by-a-state-thats-escheat/ btb331 July 30, 2020 at 02:39PM

Pesquisar este blog

Pet Guias

TIL about Walter Schramm and escheat. He bought AMZN stock in 90's and pledged not to look at his stock account for 20 years. After 20 years logged on and $100,000 worth of Amazon stock was gone. Taken by the state government as unclaimed property because his account was deemed inactive.

Comentários

Postar um comentário

Postagens mais visitadas

TIL that the Vatican is the largest wine consumer in the world per capita. Each resident of the city-state consumes an average of 74 liters of wine per year, or nearly 100 bottles. This is twice as much as in France and seven times more than in the United States.

TIL that ancient Spartan schools deliberately underfed boys to force them to steal food, but severely punished anyone who was caught. This was thought to toughen them up, especially since it accustomed them to hunger, which was common on the battlefield.