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| Man sues Bank of America for 1,784 billion, trillion dollars - |
Category: News
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Man sues Bank of America for 1784 billion,trillion dollars
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| NEW YORK (Reuters) - Dalton Chiscolm is
unhappy about Bank of America's customer service -- really, really unhappy. |
Chiscolm in August sued the largest U.S. bank and its board, demanding that
"1,784 billion, trillion dollars" be deposited into his account the next
day. He also demanded an additional $200,164,000, court papers show.
Attempts to reach Chiscolm were unsuccessful. A Bank of America spokesman
declined to comment.
"Incomprehensible," U.S. District Judge Denny Chin said in a brief order
released Thursday in Manhattan federal court.
"He seems to be complaining that he placed a series of calls to the bank in
New York and received inconsistent information from a 'Spanish womn,'" the
judge wrote. "He apparently alleges that checks have been rejected because
of incomplete routing numbers."
Chin has experience with big numbers. He's the judge who sentenced Bernard
Madoff to a 150-year prison sentence for what the government called a $65
billion Ponzi scheme.
Bank of America Corp faces real legal problems, including New York Attorney
General Andrew Cuomo's threat to sue its chief executive and a judge's
embarrassing rejection of a settlement with the U.S. Securities and Exchange
Commission.
Yet the money Chiscolm wants could dwarf all the bank's other problems.
It's larger than a sextillion dollars, or a 1 followed by 21 zeros.
Chiscolm's request is equivalent 1 followed by 22 digits.
The sum also dwarfs the world's 2008 gross domestic product of $60 trillion,
as estimated by the World Bank.
"These are the kind of numbers you deal with only on a cosmic scale," said
Sylvain Cappell, New York University's Silver Professor at the Courant
Institute for Mathematical Sciences. "If he thinks Bank of America has
branches on every planet in the cosmos, then it might start to make some
sense."
Judge Chin gave Chiscolm until October 23 to better explain the basis for
his claims, or else see his complaint dismissed.
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Reference: www.reuters.com
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Dated 2009-09-28
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