Morgan Stanley received a $9 billion investment from Mitsubishi UFJ in the fall of 2008 that kept the firm from collapsing. The payment was supposed to be wired electronically, but because it needed to be made on an emergency basis on a holiday, Mitsubishi cut a physical check, perhaps the largest ever written.
Above is a copy of the $9,000,000,000.00 check.
Watermark’s a mushroom stamp.
This book [Too Big To Fail] was really pretty amazing. There’s this check, for one thing, which Mitsubishi bank flew to NYC to give to Morgan Stanley, because both banks were closed for Columbus Day, and they needed to get the investment before the markets opened. I also love the earlier scene where a woman walks NINETEEN BILLION DOLLARS in securities from AIG to the Fed in a briefcase, in order to collateralize the first of their bailout loants.
Space - Magic Fly (1977)
It’s as if Daft Punk and Air went back in time and collaborated on a song and video in 1977. This is the coolest thing you’ll see/hear today.
Evony knows their target audience.
“HERE TITS. BUY NOW.”
Apparently the image of such a women never even appears in the game…
Zsolt and Geza Peladi, two penniless brothers who had been living in a cave outside Budapest, are to inherit a $7 billion fortune from their long-lost grandmother, United Press International reports.
— Zsolt And Geza Peladi, Cavemen Brothers, To Inherit Billions
One of the final 2010 Pontiac G6 sedans moves down the line at General Motors Orion assembly plant last week in Michigan. The production marked the end of the line for the venerable Pontiac nameplate.
— Pontiac hits end of the road - The Driver’s Seat- msnbc.com
Renewable-energy investment may climb to a record $200 billion worldwide next year as companies from Hong Kong’s CLP Holdings Ltd. to American Electric Power Co. start projects that don’t depend on a new climate-change treaty.
Private and public spending on technology such as solar panels and wind turbines will rise about 50 percent from $130 billion this year and top the previous high of $155 billion in 2008
— Copenhagen Failure Defied by $200 Billion in Green Investments - Bloomberg.com
Apparently the police asked Tiger Wood’s wife how many times she hit him. She said “I don’t know exactly… I think it was 6, but put me down for a 5.”
Bas Princen | Urban Landscapes: China
Chinese architecture is unabashedly sentimental.
After a meeting with AOL CEO Tim Armstrong earlier today, Khan came away thinking that the company is ready to do just that. As Khan notes, AOL’s display woes didn’t just start last year. It actually began shortly after the creation of now-defunct Platform-A unit over two years ago, when the company tried to integrate the various ad tech acquisitions it had made the previous two years. As result, AOL shifted most of its premium ads through Ad.com, the anchor of Platform-A group, which Khan said only reinforced a desire for discounted CPMs among buyers.
—
JP Morgan: AOL Will Hold Back Its Ad Inventory From Advertising.com | paidContent
I’m really starting to like Tim Armstrong.
(via gross)
Once and for all can we agree online ad netowrks don’t make money for publishers. Here AOL can’t even make money off an ad network and they own the network.
Blip is serving more major advertising campaigns in December than ever before. If you’re a show creator on blip you should opt in to advertising now. If you’re a show creator who’s not on blip you should move over.
A show with 100,000 views per month (mostly in the Flash player and in the US) should earn $1,000 or more per month if opted in. Revenue scales up and down with views. There are shows on blip making more than $100,000 a year.
Ads in December come from a wide range of top national brands. They’ve been sold by our rockstar direct sales team which is led by Evan Gotlib. Brands include Chevrolet, Canon, History Channel, Scion and more.
Go, Go, Blip, Go!
The most reprinted [New Yorker cartoon] is Peter Steiner’s 1993 drawing of two dogs at a computer, with one saying, “On the Internet, nobody knows you’re a dog.” According to Mankoff, Steiner and the magazine have split more than $100,000 in fees paid for the licensing and reprinting of this single cartoon, with more than half going to Steiner.