.bad picture file

Well, i stumbled across a "picture" of a car online that i really wanted to see bigger. I look at the properties of the "picture" and realize that it is not in picture format. It is a .bad file. I tried opening it up in Internet Explorer (because i didn't want to replace the tab in firefox that i was looking at w/ this pic) and the little notification bar at the top comes down and tells me that there was a script that IE found in this pic… So, im thinking a program w/ a lot less security… windows picture viewer… and this script would run. I have been super curious about it and have been thinking about it for days. I've tried googling for it and either I have not searched for the right things, or it's not very common knoweledge. Any help would be great.

PS: I know it sucks, but i forget where the pic is.