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This is priceless -
Posted by: McQ on Saturday, January 10, 2009

OK, it cost 3 million bucks, but the result is priceless.

A couple of months ago, in a well publicized hi-jacking, pirates off the Somalian coast took over the Sirius Star, a Saudi super tanker loaded with about a hundred million dollars of oil.

Negotiations, apparently, finally concluded and the original ransom demand of 25 million is negotiated down to 3 million.

Arrangements are made to deliver the ransom by parachute onto the Sirius Star, and today, that was done.

But here's where the priceless part of the saga comes in.

The pirates got off the ship and headed to shore while the Sirius Star quickly got under way and out of the area. But as the pirates headed toward shore they apparently began squabbling about the ransom. It seems they were fighting among themselves enough that they ignored the bad weather and, quite simply, the weather capsized them.

The result?

Five Somali pirates drowned when a wave washed off their getaway boat as they squabbled over over how to split their $3 million ransom.

[...]

'We got five dead bodies and we are still searching for the missing one. The waves were disastrous,' said Farah Osman, an associate of the gang.

'Two of them swam and survived. One is still missing.

It is not known what happened to the money or those who survived.

The word you're looking for as you chuckle about this is "schadenfreude".

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I wonder how their boat sank? What weapon was used? You just know it wasn’t the waves.

Written By: bill-tb
URL: http://

A better move would be to next time contaminate the cash with smallpox or some such, let them get sick and infect their whole stinking pirate village

Written By: shark
URL: http://

Very funny indeed, but how about the more interesting question: what does this tell us about oil prices? What do the Saudi government and the pirates know about future supply constraints, that leads them to do a deal now?

Written By: Leigh Caldwell
URL: http://www.knowingandmaking.com/

I wonder how their boat sank? What weapon was used? You just know it wasn’t the waves.

It was also going too fast for the weather conditions, and just because they’re pirates doesn’t mean they’re particularly good sailors. It’s also not like they’d go out of their way to rescue their mates given that each person who drowns forfeits his share of the loot.

What do the Saudi government and the pirates know about future supply constraints, that leads them to do a deal now?

Actually, that question is more stupid than interesting.

Written By: ben
URL: http://

I keep thinking "DB Cooper". How many people are out there looking for that cash right now?

Well, at leaast we should get another made-for-TV-movie out of this.

Written By: bud
URL: http://

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