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Old 04-05-08, 02:23 PM
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skiph
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Originally Posted by BengeBoy
Float is the amount of money that American Express has collected on traveler's checks that it has sold but not yet cashed. At any one time, it amounts to about $400 million.

According to this article in Time Magazine, it may be the largest amount of "float" in the world outside of Central Banks.

http://www.time.com/time/magazine/ar...872975,00.html

Used in sentence: "It would float my boat to have some float like that."
Something even more O.T. than this post (^^^)...

...unless there's something wrong with my computer or I just stepped out of the 'Way-Back Machine' with Mr. Peabody and Sherman (something probably only us 50+er's will get...), I think BengeBoy needs to check the date of that Time article.

Report back when you've looked at it again....
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