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« Inside The Numbers: BofA, Citigroup Earnings | Main | HOT LINKS: Record Number Of Americans On SS Disability »
Thursday
Jan172013

Check Out The $9 Billion Dollar Check That Saved Morgan Stanley (PHOTO)

The largest physical check ever written.

A few weeks prior to TARP, Goldman Sachs went to Warren Buffett for $10 billion and Morgan Stanley found a bailout partner in Mitsubishi.

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.

That's $9,000,000,000.

Source

 

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Reader Comments (11)

Morgan Stanley’s $9,000,000,000.00 Check. That’s $9 Billion!

http://www.andrewrosssorkin.com/?p=355
Dec 15, 2010 at 1:04 PM | Registered CommenterDailyBail
Financial Crisis Panel In Turmoil As Republicans Defect; Plan To Blame Government For Crisis

http://www.huffingtonpost.com/2010/12/14/financial-crisis-panel-wall-street_n_796839.html#
Dec 15, 2010 at 1:07 PM | Registered CommenterDailyBail
Stem Cell Transplant Cures HIV In 'Berlin Patient'

http://www.huffingtonpost.com/2010/12/14/hiv-cure-berlin-patient_n_796521.html
Dec 15, 2010 at 1:07 PM | Registered CommenterDailyBail
http://www.huffingtonpost.com/2010/12/14/geithner-blocking-legal-h_n_796773.html

Geithner Blocking Legal Help For Foreclosure Victims
Dec 15, 2010 at 1:09 PM | Registered CommenterDailyBail
SEC Bracing To Lose Funds, Scaling Back Investigations

http://www.huffingtonpost.com/2010/12/15/sec-investigation_n_796939.html
Dec 15, 2010 at 1:09 PM | Registered CommenterDailyBail
(Reuters) - Consumer prices barely rose in November as inflation remains muted amid an anemic recovery, more ammunition for the Federal Reserve to complete its government bond buying program to stimulate the economy.

The Labor Department said Wednesday its Consumer Price Index nudged up 0.1 percent as energy prices rose by the smallest in five months, slowing from a 0.2 percent increase in October.
Dec 15, 2010 at 1:10 PM | Registered CommenterDailyBail
DAMN!!! this site's got too much info.
My eyes have crossed from all the reading.
Mar 25, 2011 at 1:34 AM | Unregistered CommenterTR
Damn, that's one cheesy looking cheque. I'm certain I could make a more authentic looking one if I tried.

Pretty F-ing BIG, though!
Nov 15, 2011 at 8:08 PM | Unregistered CommenterTom
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Congratulations for making to the summit. I bet this such a wonderful feeling to all the participants, specially to you guys. With all the effort and sweats you have shed...thanks for the share
Nov 26, 2011 at 10:30 PM | Unregistered Commentercheap wedding dresses
Look at the (I believe current) Mitsubishi capitalization here...

http://www.mucap.co.jp/english/tabid/66/Default.aspx
Jul 17, 2012 at 5:19 PM | Unregistered Commenterjohn
Mitsubishi's 9 billion is chump change compared to the booty they still have from the 12 nations they looted in WWII.

This treasure is the nucleus to the shadow government in the States. Current estimate is over $100 Trillion, in precious metals, gems, art, and cultural relics.

The money was washed by Rockefeller and the share holders of the Federal Reserve. it was placed in slush funds set up by the CIA and deposited around the globe.

You find the treasure and take it away, say goodbye to the criminals that have conquered our nation.
Jul 17, 2012 at 11:46 PM | Unregistered Commenterbeijingyank

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