Thursday 15 March 2007

Loving American lawyers


I know this is a little late with a story, but it did make me laugh yesterday.

Viacom, an American media firm, has decided that it will sue Google and YouTube for £1 billion dollars.

Queue thoughts of Dr. Evil.

The bit that make me laugh is how they came to such a large and exact sum. In my mind I can see the lawyers sitting around and thinking of a stupidly bit number, one spits it out, another doubles it, another adds some zeroes and hey presto, $1 billion. Then they all sit back and dream about the fees....

7 comments:

Anonymous said...

Have you ever been involved in any M&A work, CU ...?

000,000,000,000, ...

Hedgy said...

Seems like a sensible thing to do...judges and jurys like nice clean numbers....

Newmania said...

The caculation is typical . InInsurance everyhting 1 % when yiou work it backwards and if it isn`t its because .125 has been added after the decimal point for effect.

Stan Bull said...
This comment has been removed by the author.
Stan Bull said...

Most of a lawyers working life is filled with the mundane.The legal eagles are on a vast ego trip, a perfectly understandable hike out of the land of legal tedium.

CityUnslicker said...

ND - yes I have and yes it is the same kind of thing...

Hedgy - well they do, but this is still afantastic fingure in the air number to come out with.

Newmania - Surley insurance is a more wholesome trade than that!

istanbultory - I think these lawyers will be fillinh them selves in anticpation at the new porsches'.

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