Maybe yes.
Maybe no.
VENTURE capitalists in New York and London are pumping millions of dollars into Somalia's booming pirate sector.
Personnel issues are now dealt with via mentoring and third-party arbitrationThe sharp-eyed investors say Indian Ocean piracy has replaced Bangladeshi t-shirt factories as the developing world's strongest source of high-growth revenue streams.
Julian Cook, head of strategy at Porter, Pinkney and Turner (PPT), said: "The margins are very impressive. These guys can board a Chinese freighter or Saudi oil tanker and turn it around in less than a week. Usually without killing anyone.
"The staff are well-trained and they operate a structured bonus system involving the daughters of nomadic tribal chiefs and as much hallucinogenic tree bark as they can eat.
"The tax position is also very favourable given that Somalia isn't really what you would describe as a 'country' with 'laws' and a 'government'."
PPT has paid £25.7 million for a 32% stake in Captain Ahmed's Crazee Bastards with the initial tranche used for capital purchases including new speed boats, 200 yards of very strong rope and a gun the size of a cow.
The investment will also be used to establish an out-sourced personnel department to ensure the quick replacement of any colleagues shot by the Royal Navy during working hours.
Captain Ahmed will retain day-to-day management control and has also negotiated a clause allowing him to go 'ape-tulip crazee' and shoot everyone on board up to three times a year.
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Reply to: Time to buy (selected) socks again?
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Previously on "Time to buy (selected) socks again?"
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Originally posted by TimberWolf View PostSocks. One for each foot
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Originally posted by EternalOptimist View Postthree what ?
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Originally posted by EternalOptimist View Postheres a puzzle for youse.
It's pitch black, you have 10 pairs of white socks and 10 pairs of black, all mixed up in a drawer.
How many socks do you have to take with you, so you know you will have a pair when you get downstairs ?
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heres a puzzle for youse.
It's pitch black, you have 10 pairs of white socks and 10 pairs of black, all mixed up in a drawer.
How many socks do you have to take with you, so you know you will have a pair when you get downstairs ?
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It could be a good idea to invest in the sock market, especially seeing as lots of people will be turning the heating down this winter to save money.
Blondes might be a bad bet though as lots of contractors find their trophy wives just too expensive. I’d take out put options in blondes.
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Originally posted by Mich the Tester View PostI usually buy about 100 pairs of identical socks; that way I don't have the problem of never being able to find two matching socks.
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I usually buy about 100 pairs of identical socks; that way I don't have the problem of never being able to find two matching socks.
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Time to buy (selected) socks again?
7 pairs for a tenner - bargain!Tags: None
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