I was sitting with a friend at a football game and he was complaining about something that happened to him.  He deposited a $1,000 check in his bank account.  He waited a day, and wrote five checks totaling about $400 against that deposit, fully expecting it to clear, as it was a deposit he made often.

Turns out the $1,000 check did not clear.  It bounced.

Which meant that all five checks he wrote against that deposit bounced.

Which means he had to pa…

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