Stacy Summary: h/t @Mother Earth. This is the craziest story I have read in a long time; these guys sure ‘get’ what the NYSE is all about. How many of the listed companies on the NYSE or FTSE are just taking natural resources from other nations; sure one dictator may have signed a contract with them . . . but it is still a hostage / ransom situation.
“Four months ago, during the monsoon rains, we decided to set up this stock exchange. We started with 15 ‘maritime companies’ and now we are hosting 72. Ten of them have so far been successful at hijacking,” Mohammed said.
“The shares are open to all and everybody can take part, whether personally at sea or on land by providing cash, weapons or useful materials … we’ve made piracy a community activity.”
Stacy Summary: Excellent headlines today. Thanks @MotherEarth and @Mike2liverpool for your finds.
Stacy – Um, that answer will be ‘no.’ And, in the meantime, the rich are literally eating/hunting the poor . . .
Stacy Summary: Why do you think Gordon Brown sold half of the UK’s gold supply at the multi-decade low? And do you think the manner of the disposal was an intended to get the lowest price or was just sheer incompetence? By the way, I am making a film about this and have some awesome footage shot over the past year and will be listing it on PirateMyFilm as soon as it is up and running.
Stacy Summary: The Fed to get Treasury bailout? You mean the Fed is a private bank? In the meantime, Latin American & Caribbean nations and provide greater details on their new regional currency, the sucre.