Tuesday, November 24, 2009

Big ass check

From the Too Big To Fail blog and book of Andrew Ross Sorkin, comes our look at perhaps the largest check ever written. The check, written by Mitsubishi UFJ to Morgan Stanley, only exists because Morgan Stanley needed the money bad, baby. Because they needed to score a fix on the weekend, electronic transfers weren't possible and a check had to be printed up and handed out.

Meh, for a $9 billion dollar check it's kind of boring. It should at least have been one of those giant checks, maybe had the phrase "You could be a winner too" on it, and should have been handed out by Ed McMahon's Japanese equivalent. Hopefully for the next financial collapse/free money hand out they'll have all the showmanship kinks worked out and we can at least get some entertainment for our billions.

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