Haradheere's "stock exchange" is open 24 hours a day and serves as a bustling focal point for the town. As well as investors, sobbing wives and mothers often turn up there seeking news of male relatives missing in action.How to defeat this latest development in the burgeoning piracy movement? Easy. Get them to elect Tim Geithner as president of their stock exchange; that'll put it out of business in no time.
Every week, Mohammed said, gang members and equipment were lost to the sea. But he said the pirates were not deterred.
"Ransoms have even increased in recent months from between $2-3 million to $4 million because of the increased number of shareholders and the risks," he said.
"Let the anti-piracy navies continue their search for us. We have no worries because our motto for the job is 'do or die'."
Sunday, December 6, 2009
Bullish on Piracy
Somali pirates have established a stock exchange.
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3 comments:
Look for General Electric,the DNC and the Congressional Progressive Caucus to list soon.
Maybe someone can get them to diversify with investment in Carbon Credits, while suggesting the imposition of Cap and Trade on their victime, er I mean, clients. Paco, don't you have an investment arm in your enterprises?
Deborah Leigh
Yes, you're probably thinking of Paco Investments (Cayman Islands), LLC. We are looking into the possibility of becoming a market-maker in the shares of some of the larger pirate enterprises, such as Arrrggh! Inc. and Shiver Me Timbers, Ltd.
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