Wall Street Journal Compares Crooked Ill Guv's Mistakes to Failed EA-T2 Deal

December 10, 2008 -

Yesterday, GamePolitics pointed out the hypocrisy of indicted Illinois Gov. Rod Blagojevich, who publicly fretted about Grand Theft Auto's cartoon crime but himself managed to carry out what the U.S. Attorney alleges was a political corruption crime spree.

The Wall Street Journal's Deal Journal blog has come up with a different video game angle on the Blagojevich affair, remarking that the disgraved Guv should have paid more attention to this year's failed EA-Take-Two merger:

Before Illinois Gov. Blagojevich allegedly tried to auction off President-elect Barack Obama’s vacated Senate seat to the highest bidder, he might have taken a closer look at the state of deal making this year–which would have told him it never would have worked.

 

Deal Journal compiled some lessons from this year’s M&A market that might have kept Blogajevich from following temptation into a federal indictment.

Don’t assume you are the only game in town: If prosecutors are right, Blagojevich, accused of looking for either lucre or favors in return for Obama’s Senate seat, made an oft-seen mistake: he believed he had more leverage than he did. Take-Two Interactive Software–maker of the Grand Theft Auto videogame–made the same mistake when it pushed rival Electronic Arts to bid up, up, up for the company. But EA tired of being toyed with and walked away.

The WSJ also jokingly relates Blagojevich's relentless pursuit of graft to several other non-game biz deals.


Comments

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

Wait wait wait...didn't EA LOWER the bidding price each time? Their example makes no sense.

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

Yeah, definitely a bad comparrison there. I can't see how EA buying out Take Two would have helped anyone in this economy, especially considering the potential number of job cuts due to redundant departments.

So, yeah. Go Take Two!

If you go crazy then I will still call you Superman.

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

EA generally HAD more financial stability back then. Take Two is not going to have a good year in 2009 because nothing is comming out for them and their going to report a net loss with the lack of grand thefts and Elder Scrolls.

It's probebly going to dip under 8$ a share under these circumstances.

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

 Big problem with Wall Street: failure to foresee consequences. It's just one of the many problems facing the economy. These guys never looked at the big picture. They trashed T2 for turning down the deal, just as EA laid off 500 employees. And they say sticking with EA was a better idea? 

When people don't realize the consequences of their actions, now THAT'S narrow-minded!

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

I agree with EZK.  I don't think Take-Two was trying to drive up the purchase price.  It really, truly looked to me like it just didn't want to be bought.  At least not by EA.

 

Andrew Eisen

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

So T2 not wanting to be bought out is now considered toying with EA? So if the hot chick who keeps telling the nasty fat guy to leave her alone really just playing "hard to get"?

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Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

Yeah, you're telling me! This guy's an idiot. EA was toying with T2: everytime T2 said, "We don't want to be bought," EA extended their deadline. They should have realized T2 DIDN'T WANT THEM!

The analogy's okay, but compare the governor to EA, not T2.

Why does every financial critic think T2's resistance to EA's tyranny was a bad idea? (Don't answer that)

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

'So if the hot chick who keeps telling the nasty fat guy to leave her alone really just playing "hard to get"?'

This is The Wall Street Journal we're talking about, so their answer is most likely yes.

Brain: "Pinky, are you pondering what I'm pondering?" Pinky: "I think so, Brain, but we're already naked."

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

Why do I feel a JT post coming on this article...

Sortableturnip's Law: As an online discussion of video game violence grows longer, the probability of a comparison involving Jack Thompson approaches 1

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

I think he has better things to do, like he should be PROVIDING FOR HIS FAMILY(hint, hint), instead of whining on a blog while his wife pays $50,000 for his mistakes.

Brain: "Pinky, are you pondering what I'm pondering?" Pinky: "I think so, Brain, but we're already naked."

Re: Wall Street Journal Compares Crooked Ill Guv's Mistakes to

This whole thing has me surprised, well... at how low this all went. Remind me never to try to debate this in Deviantart - I've got called naive, and stupid so many times... ugh.

Anyway, this is really a horrible day but I have heard that he also vetoed a bill that would've made it easier to catch corrupt governers like him. I had heard Obama had personally called other senators in the state to convince them to try to overturn the veto which gave the feds a heads up that maybe this governer didn't have the best intentions.

Amy Levandoski

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ZippyDSMleeI mean 4 main classes and maybe 3 or 4 model’s each…I’am just not seeing it….03/06/2015 - 8:28pm
ZippyDSMleeLame excuse is rather lame. Lets face it these days there there only a couple games that rely on such mechanics and it stifles player creativity to choose a body type for themselves and excludes those that wish to play as something closer to themselves.03/06/2015 - 8:17pm
Andrew EisenDoesn't matter if you play more games where the cast is the same basic character model. In this type of game, being able to easily tell which character you're looking at serves an important purpose.03/06/2015 - 7:29pm
ZippyDSMleeMechaCrash:Meh I've played more stuff that had pickups rather than set class's.03/06/2015 - 7:22pm
MechaCrashZarya's body type also has a pragmatic reason. Ever notice how in TF2, you can immediately tell who's who because they all have very different profiles? Same deal with Overwatch. If you see Zarya, you KNOW it's Zarya.03/06/2015 - 6:32pm
Adam802http://www.mercurynews.com/crime-courts/ci_27662192/leland-yee-case-judge-pushes-corruption-trial-august03/06/2015 - 6:12pm
ZippyDSMleeNearly anyway the new UT game has color at least. And wow they changed to C++ 0-o03/06/2015 - 5:43pm
ZippyDSMleeCraig R.: Same reason why UT99/04 and UT3 are diffrent, gritty is the thing to do...at least it was... nearly everyone else grew out of dark and gritty….03/06/2015 - 5:40pm
ZippyDSMleeI doubt each model of characters in COH/COV/CO,ect are kept as unique model data.03/06/2015 - 5:39pm
ZippyDSMleemodel shape.03/06/2015 - 5:38pm
ZippyDSMleeMonte:I think it’s more a part of the engine, yes its more work but you should be able to have some sort of physical collision system in place to keep arms and stuff from clipping. Outside of that the data stored is just number variables to change the m03/06/2015 - 5:38pm
Andrew EisenAt least she's smiling in one of the pics.03/06/2015 - 5:31pm
Craig R.It's like somebody took the color palette and decided that anything approaching 'bright' is unacceptable03/06/2015 - 5:30pm
Craig R.Scratching my head as to why DC shows are as dark and drab, color-wise, as the movies look to be03/06/2015 - 5:30pm
MonteIf for instance you make the character fat, you need to make sure the animation of the character moving his arms and gun around, won't result in them clipping into the character's larger stomach03/06/2015 - 5:22pm
Monte@zippy, I imagine creating customizabel, vastly different body types would add a lot more complexity. Like making sure the character's animation still looks right. It can be done, but it can get complicated03/06/2015 - 5:19pm
Andrew EisenSupergirl TV costume: http://www.ign.com/articles/2015/03/06/first-photos-of-supergirl-revealed03/06/2015 - 4:49pm
prh99I think it probably far easier to add a character than strip a feature from game engine that was baked in from the start.03/06/2015 - 4:45pm
Andrew EisenAs I've said twice already, yes, strides in one area do not absolve anyone from criticism over where else they're falling short.03/06/2015 - 3:04pm
ZippyDSMleeI know I know one thing is not the other. Still worth nagging about.I still do not see why they do not put in body sliders and elt people make thier own body types....I'd do fat/pudgy or chibi befor I do ultra generic prefect body......03/06/2015 - 2:59pm
 

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