Summary

  • Morgan Stanley International bank chairman Jonathan Bloomer, his wife Judy, and Clifford Chance lawyer Chris Morvillo are among those missing after a British yacht sank in Sicily
  • British tech tycoon Mike Lynch and his 18-year-old daughter Hannah are also missing
  • The yacht sank in bad weather in the early hours of Monday - 15 were rescued, six are missing, and a man’s body has been recovered
  • The body has not been formally identified, but the Palermo coastguard said it was the ship’s cook
  • The search is continuing on Tuesday - access to the boat’s cabins has been blocked by furniture
  • Separately, it has emerged that Mike Lynch’s co-defendant in a recent major legal case, Stephen Chamberlain, died on Saturday in a road accident

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[–] 81 points 2 years ago (4 children)

Now, now. Disaster is a bit excessive when all that's been missing is some billionaires, don't you think?

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  • [–] 58 points 2 years ago (2 children)

    I mean, there's also a bunch of staff on those yachts who didn't deserve to be eaten by orcas.

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  • [–] 14 points 2 years ago

    AFAIK Mike Lynch was the highest net worth individual on the yacht and Reuters says his net worth is ~$450 million so there may actually not be any missing billionaires. (The Evening Standard claims he had a net worth of £986.4 million which would make him a billionaire in USD but rich lists are often BS so I'm going off what was claimed in court)

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  • [+] 42 points 2 years ago* (last edited 2 years ago)
    [–] 40 points 2 years ago (1 child)

    if only Poseidon could claim even more billionaires for us...

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  • [–] 12 points 2 years ago (2 children)

    That's useless. The money is just going to their heir(s).

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  • [–] 21 points 2 years ago (2 children)

    Ahem, I have a doctorate in crusader kings 2. A few more rounds of gavelkind will destroy their family

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  • [–] 8 points 2 years ago

    May I kindly recommend the intrigue focus? Usually brings up a reason to throw that surplus offspring into the dungeon real fast.

    Also antagonizing them until they challenge you to a duel is also a good strategy.

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  • [–] 11 points 2 years ago (1 child)

    Who will probably spend it all instead of hoarding it until they're broke at 35 and need to find a real job.

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  • [–] 8 points 2 years ago (1 child)
  • [–] 10 points 2 years ago* (last edited 2 years ago) (1 child)

    Yeah, it unironically would be. Nothing boosts a consumption based economy like previously hoarded wealth being spent on actual goods and services.

    Which is why MC Hammer and Ringo Starr have both been much better for the US economy than for example Mark Zuckerberg ever was.

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  • [–] 6 points 2 years ago (1 child)

    i mean yeah i was making my statement SOMEWHAT bitterly as a jab at billionaire "job creators" but it's absolutely true that what drives an economy is the DEMAND SIDE being able to actually pay for shit X3 which is why i'm a proponent of universal basic income. It sucks wealth out of the places where it's congealed and stagnant (rich people) and circulates it up through the people who actually spend it on their needs

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  • [–] 4 points 2 years ago

    I agree, with one important caveat: in order to work properly, UBI must be paired with price controls. Otherwise, the profiteers will simply raise prices even more, canceling it out.

    Combining both UBI and price controls on everything needed to survive and support yourself in a modern society (housing, food, water, electricity, heating and/or aircondition, transportation, internet), though, would be EXTREMELY beneficial to literally all of society!

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  • [–] 39 points 2 years ago* (1 child)

    I haven't been following this, but this thing was pretty large. Did it not have a lifeboat?

    kagis

    Apparently it did, and a few people made it into it, but not all.

    https://www.bbc.com/news/articles/cwy3el37z4po

    Karsten Borner, captain of a nearby boat, said after the storm had passed, the crew noticed the yacht that had been behind them had disappeared.

    "We saw a red flare, so my first mate and I went to the position, and we found this life raft drifting," he told Reuters.

    His crew took on board some survivors, including three who were seriously injured.

    Sounds like it might have flipped pretty quickly, rather than being a slow sinking:

    Witnesses told Italian news agency Ansa that the Bayesian’s anchor was down when the storm struck, causing the 72m (236ft) aluminium mast to break in half and the ship to lose its balance and sink.

    The ship's unusually tall mast may have contributed to its sinking, according to Matthew Schanck, chair of the Maritime Search and Rescue Council.

    He told BBC Radio 4's Today programme that the mast acted almost like a sail in the strong wind "especially with it being so high".

    The extreme winds could have caught the mast and pushed the yacht over, he said.

    One of the survivors, British tourist Charlotte Golunski, told Italian newspaper La Repubblica how she held up her one-year-old daughter Sofia to stop her from drowning.

    She said the two of them and her partner James survived only because they were up on deck when the yacht sank.

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  • [–] 22 points 2 years ago (1 child)

    Was it orcas? Are orcas going to start the revolution by violently suppressing the bourgeoisie?

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  • [+] 14 points 2 years ago* (last edited 2 years ago) (1 child)
  • [–] 11 points 2 years ago

    Funny how this gets plastered all over the news as tens of thousands have been drowning in the Mediterranean for years now without anyone paying much attention.

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  • [–] 10 points 2 years ago

    If only the ocean could continue to eat the rich!

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  • [–] 6 points 2 years ago (2 children)

    This is getting suspicious.

    A bitcoin whale wallet seems to have had $230+ million btc stolen on Monday as well.

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  • [–] [S] 25 points 2 years ago* (last edited 2 years ago) (1 child)

    Hacked Bitcoin whale may have lost $238m

    What is your theory? That the ocean's apparent vengeance on billionaires extends to bitcoin whales?

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  • [–] 9 points 2 years ago (1 child)

    The co-defendant from the lawsuit also dying is more specifically suspicious, the btc "hack" happening at the same time is just a potential cherry on top.

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  • [–] [S] 18 points 2 years ago (2 children)

    I found it odd that the two co-defendants died within days of each other. But it's hard to imagine that it was a conspiracy, given that the yacht sank because of a storm. I don't see any connection to the bitcoin hack.

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  • [–] 5 points 2 years ago

    The yacht seemingly sank because of the storm, but we don't have enough confirmed evidence to make that a factual consideration yet, just a guess. There are a lot of pieces that may connect. The missing people include very high wealth individuals, and the lawsuit angle creates a connection for potential malfeasance.

    What better cover story would work to hide several crimes? Its not necessarily a conspiracy of crime, but it has some weird timing.

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  • [–] 4 points 2 years ago

    OH NO! Anyways...

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  • [–] 3 points 2 years ago (1 child)

    I heard in the news that this yacht costs hundreds of thousands to hire. They probably had a "business meeting" on board, and most likely would have claimed the cost for renting the yacht as "business expenses" for tax purposes. Just saying.

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