Dotcom Bubble
"Before dawn on Jan. 20, 2012, New Zealand police, cooperating with U.S. authorities, raided [Kim] Dotcom’s rented mansion in an Auckland suburb, using two helicopters and 27 officers, some armed with assault rifles and gas canisters." (- Washington Post)
Annual cost of video piracy to the US - $6 Billion
Estimate of total losses caused by Megaupload to all content producers, including Hollywood - $500 Million
Number of people employed by the movie industry - 374,000
Number of helicopters used in the raid on Osama Bin Laden - 2
Number of personnel involved in the raid on Osama Bin Laden - 24
Physical losses related to 9/11 - $55 Billion
Direct economic impact of 9/11 - $123 Billion
Total value of taxpayer-funded TARP funds for bank bailouts - $700 Billion (capped at $475 Billion by Dodd-Frank)
Value of JP Morgan's share of the taxpayer-funded TARP funds - $25 Billion
JP Morgan's market cap in 2012 - $183.6 Billion
Total value of JP Morgan's assets in 2007 - $1.4 Trillion
Total value of JP Morgan's assets in 2012 - $2.3 Trillion
Size of a single speculative trading loss at JP Morgan a few years after the worst speculative crash in nearly a century and after being bailed out by tax payers - $2 Billion
Amount that was wiped off JP Morgan's market cap as a result of the loss - $14.5 Billion
Number of JP Morgan employees - 258,965
Number of JP Morgan common shares - 3.8 Billion
Value of bonus paid to CEO, Jamie Dimon after the loss even though he ignored public warnings about the bad trade - $10 Million
Value of JP Morgan's fine for foreclosure abuse of hundreds of thousands of tax paying American households - $2 Billion
Number of helicopters sent to hunt down Jamie Dimon - 0
(Frank Dodd, who the Dodd-Frank legislation is named after, now heads up the Motion Picture Association of America and leads the anti-piracy crusade for Hollywood)
Annual cost of video piracy to the US - $6 Billion
Estimate of total losses caused by Megaupload to all content producers, including Hollywood - $500 Million
Number of people employed by the movie industry - 374,000
Number of helicopters used in the raid on Osama Bin Laden - 2
Number of personnel involved in the raid on Osama Bin Laden - 24
Physical losses related to 9/11 - $55 Billion
Direct economic impact of 9/11 - $123 Billion
Total value of taxpayer-funded TARP funds for bank bailouts - $700 Billion (capped at $475 Billion by Dodd-Frank)
Value of JP Morgan's share of the taxpayer-funded TARP funds - $25 Billion
JP Morgan's market cap in 2012 - $183.6 Billion
Total value of JP Morgan's assets in 2007 - $1.4 Trillion
Total value of JP Morgan's assets in 2012 - $2.3 Trillion
Size of a single speculative trading loss at JP Morgan a few years after the worst speculative crash in nearly a century and after being bailed out by tax payers - $2 Billion
Amount that was wiped off JP Morgan's market cap as a result of the loss - $14.5 Billion
Number of JP Morgan employees - 258,965
Number of JP Morgan common shares - 3.8 Billion
Value of bonus paid to CEO, Jamie Dimon after the loss even though he ignored public warnings about the bad trade - $10 Million
Value of JP Morgan's fine for foreclosure abuse of hundreds of thousands of tax paying American households - $2 Billion
Number of helicopters sent to hunt down Jamie Dimon - 0
(Frank Dodd, who the Dodd-Frank legislation is named after, now heads up the Motion Picture Association of America and leads the anti-piracy crusade for Hollywood)
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