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Of Bankers and Ship Captains
Posted on January 25, 2012 at 11:00 AM EST
Will no one rise to the defense of Captain Francesco Schettino? No? Then we will! The poor man is calumnied as a pusillanimous incompetent. Just because he hit a rock. Heck, anyone with a ship that big could hit a rock. And the rock wasn’t s’posed to be there! This incompetence charge is completely baseless. [...] Of Bankers and Ship Captains originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.
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