Tuesday, December 1, 2009

Somali sea gangs lure investors at pirate lair | U.S. | Reuters

With today's uncertain financial markets, investors everywhere struggle to find worthwhile investments.

Where is the smart money going?

Consider investing in Somali piracy.

Financiers now can purchase shares of Somali pirate ventures.

This is not just for fat cats; small investors are welcome:

Piracy investor Sahra Ibrahim, a 22-year-old divorcee, was lined up with others waiting for her cut of a ransom pay-out after one of the gangs freed a Spanish tuna fishing vessel.

'I am waiting for my share after I contributed a rocket-propelled grenade for the operation,' she said, adding that she got the weapon from her ex-husband in alimony.

'I am really happy and lucky. I have made $75,000 in only 38 days since I joined the 'company'.'

To the best of your humble blogger's knowledge, neither Moody's nor Goldman Sachs has weighed in on the value of these investments.

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