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this post was submitted on 30 Sep 2025
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Games
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Yes, it's a loan so big that normal personal finance "savings and loans" rules don't really apply. This loan is 3X EA's entire revenue, 2X Nintendo's entire revenue. Basically an entire new game-publisher's worth of money flowed into the gaming industry to exert dictatorial control over EA. JPMorgan Chase just have to make sure that they get their money back from the EA employees they just helped the Saudis buy.
They actually don't even have to do that. They get the money off the fees and limited interest on the transaction and sell the debt as a "prime" investment to your retirement fund or pension. Leaving the common people to hold the bag while they receive millions in fees and no liability