US Navy Seizes Aden Pirate Booty
MANAMA, Bahrain — The guided-missile destroyer USS Jason Dunham seized an illicit weapons shipment found aboard a stateless skiff in the international waters of the Gulf of Aden, Aug. 28 now at counted 2,521 AK-47 automatic rifles.And from Nov. '08, a comparison of pirates and Private Equity::
The count follows an initial estimate of over 1,000 rifles. The skiff was determined to be stateless following a flag verification boarding, conducted in accordance with international law. The origin and intended destination of the skiff have not yet been determined.
“We are actively involved in searching for illegal weapons shipments of all kinds,” said Vice Adm. Scott Stearney, commander of U.S. Naval Forces Central Command, U.S. 5th Fleet, and the Combined Maritime Forces. “Ensuring the flow of commerce for legitimate traffic continues to be paramount to the U.S. Navy and its regional partners and allies.” ...MUCH MORE
...Geographical investment thesis
Private equity: Bullish on China.
Piracy: Opportunities on the coast of Africa.
Start-up costs
Piracy: Gun, boats, a handful of men, rocket-propelled grenades.
Private equity: Office in Mayfair or Greenwich.
Jargon
Private equity: “Internal rate of return,” called IRR.
Piracy: Eerily similar: “Aaar.”>>>MUCH MORE
