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New RYP Article: Somali Pirates’ Rich Returns
Liquid asset: On Mar. 26, the MT Polar sat moored off Hobyo, Somalia (Jason Florio)
Imagine if you could invest $100,000 to control a $200 million asset for three months and sell it back to the owners for $10 million tax-free. That’s the Somali pirate way…
Read more of Robert’s article online at www.businessweek.com
Source: Bloomberg Businessweek
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