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This post was mentioned on Twitter by andrewrsorkin: Ever seen a physical check for $9 billion? Here is one: http://bit.ly/6fp1f3 It’s one of the source docs for TBTF…
[...] Morgan Stanley’s $9,000,000,000.00 Check. [Andrew Ross [...]
I love the precission up to the cents.
[...] Tweets about this great post on TwittLink.com [...]
[...] reading assignment Tracking A ‘Missing’ Man By Virtual Bread Crumbs, npr.org / Morgan Stanley’s $9,000,000,000.00 check, andrewrosssorkin.com / Story of a beautiful failure, informationarchitects.jp / time-lapse map of [...]
Wow! That is the biggest one on record!
Amazing that it can be done faster than a wire!
[...] Morgan Stanley’s $9,000,000,000.00 Check. That’s $9 Billion! | Andrew Ross Sorkin “As detailed in Too Big to Fail: How Wall Street and Washington Fought to Save the Financial System — and Themselves, 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.” (tags: morganstanley financial business economy economics) [...]
False. The largest check ever written was in Zimbabwe. Either Mugabe or one of his cohorts cut it to purchase a new BMW, if I recall correctly. Now, I know as far as dollar value the Morgan Stanley one is higher, but the check from Zimbabwe had numbers on it I did not even know existsted they were so high.
The only contender may be the one written by the Kuwaitis to help pay for Gulf War I. At one time it was on display in the Navy Supply Corps Museum in Athens, GA and totaled in the billions. Combat conditions in both cases!
“Largest” obviously means by value… or would you like to consider physical size as well?
In a few years, you will be spending that much to buy a loaf of bread.
[...] Billion Check Posted in Uncategorized by Flurin on November 26, 2009 From Andrew Ross Sorkin: Morgan Stanley received a $9 billion investment from Mitsubishi UFJ in the fall of 2008 that kept [...]
[...] last fall, Morgan Stanley received a $9 billion investment from Mitsubishi UFJ. Andrew Sorkin writes, “The payment was supposed to be wired electronically, but because it needed to be made on an [...]
[...] The $9 Billion Japanese Check to Morgan Stanley [...]
[...] last fall, Morgan Stanley received a $9 billion investment from Mitsubishi UFJ. Andrew Sorkin writes, “The payment was supposed to be wired electronically, but because it needed to be made on an [...]
Good thing they put the “.00″ on the end, just to be safe….