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Heat Owner Micky Arison Lost Hundreds of Millions in Cruise Liner Disaster (Lebron James' boss)
Slam online ^ | 1/17/12

Posted on 01/19/2012 4:50:14 AM PST by Recovering_Democrat

Miami Heat owner Micky Arison has had some bad financial luck of late. And the recent Costa Concordia cruise liner disaster only added to the billionaire’s woes. To say nothing of the lives lost during the tragic wreck. From the Guardian: “More than £300m has been wiped off the paper fortune of the multibillionaire boss of the company that owned the stricken cruise liner Costa Concordia. Micky Arison, the flamboyant chairman, chiefexecutiveand majority owner of FTSE 100 company Carnival, saw a large chunk of his $4.5bn (£2.9bn) holdings dissolve on Monday as the company’s shareslost almost a fifth of their value

(Excerpt) Read more at slamonline.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: cruise; nba
Everyone is a loser in this tragedy. I can't help thinking that if this happened here, it would be blamed on Bush.
1 posted on 01/19/2012 4:50:26 AM PST by Recovering_Democrat
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To: Recovering_Democrat
Miami Heat owner Micky Arison sure knows how to pick sea captains and basketball players (eyes rolling)!
2 posted on 01/19/2012 4:56:30 AM PST by 2001convSVT (Going Galt as fast as I can.)
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To: Recovering_Democrat

Of course it’s Bush’s fault. If he hadn’t outsourced the cruise ship industry to Italy with a no bid contract to Halliburton by deregulating the cruise ship industry while giving a tax cut to the richest 1% of all Americans, none of this would have ever happened.


3 posted on 01/19/2012 5:01:18 AM PST by Question Liberal Authority (I also think that Obama should be defeated.)
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To: Recovering_Democrat

The underwriters at Lloyds of London will get hit quite hard also.


4 posted on 01/19/2012 5:23:30 AM PST by reg45 (I'm not angry that Lincoln freed the slaves. I'm angry that Franklin Roosevelt bought them back.)
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To: Recovering_Democrat
and the law suits haven't even started yet...
5 posted on 01/19/2012 5:25:35 AM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Recovering_Democrat

Historical maritime laws are often written in blood.

there will be some surprising changes I see on and over the horizon as far as cruise ships are concerned.

And on a different tack I just wonder if somehow this event could have possibly even been orchestrated for a political agenda, and I say that because its still just too hard to accept it as a “Hold muh wine” moment on the captains part.


6 posted on 01/19/2012 5:31:20 AM PST by Eye of Unk (Liberals need not reply.)
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To: Eye of Unk

“Orchestrated for a political agenda”???? Please tell me you’re not serious. Someone convinced a ship captain to sink his own ship? For WHOSE agenda exactly?

Everything isn’t politics. I think your tin foil hat is on a bit tight.


7 posted on 01/19/2012 5:47:26 AM PST by bigdaddy45
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To: 2001convSVT
roll your eyes all you want...Mickey Arison is one ff the best owners in the sport world, and a wonderful human being...
8 posted on 01/19/2012 5:54:35 AM PST by southphilly
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To: bigdaddy45

Well just consider what Italy is going through and what it would benefit from a natural disaster such like this.

Or should i say a man made disaster?

I have investigative talents and i have a gut feeling that the extreme urge to paint the captain as a “chicken of the sea” and all is further proof they want a scapegoat, and something to take the peoples voice and anger away for awhile.

First we hear things about “harmonics” then we see “falling in a liferaft” and now an illegal mistress on the ship?

Something smells fishy and its not the sushi bar.


9 posted on 01/19/2012 5:59:46 AM PST by Eye of Unk (Liberals need not reply.)
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To: Eye of Unk

So someone worth over $1,000,000,000 loses some money. Cry me a river.


10 posted on 01/19/2012 6:05:24 AM PST by hal ogen (1st Amendment or Reeducation Camp?)
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To: Question Liberal Authority

“If he hadn’t outsourced the cruise ship industry to Italy”

No cruise ships are built here.

WHY?

US government regulations.......surprise!

Specifically US Coast Guard regulations, many of which are ridiculous. Although there are obviously are many good things they check to make sure of for the safety of passengers and crew, it’s like any other US govt outfit.

So like any other business that has found the US to be overburdening to operate in, so too has shipbuilding.


11 posted on 01/19/2012 6:09:44 AM PST by diverteach (If I find liberals in heaven after my death.....I WILL BE PISSED!!!)
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To: Chode

Under international and maritime law, payouts to passengers are pretty limited.


12 posted on 01/19/2012 6:10:59 AM PST by SeaHawkFan
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To: bigdaddy45

+1


13 posted on 01/19/2012 6:25:44 AM PST by wideawake
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To: Eye of Unk

They have it on tape!! They have the Italian coast guard ordering him back to his ship, and they have the Captain dithering like an old woman.

So Columbo, how exactly would you orchestra a guy (accidently? without his knowledge?) wrecking his own ship and ruining his life?


14 posted on 01/19/2012 6:25:44 AM PST by bigdaddy45
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To: Eye of Unk

You watch a lot of those ‘CSI’ type shows, correct?
...that doesn’t count on the resume as giving you ‘investigative talents’.


15 posted on 01/19/2012 7:57:08 AM PST by bramps (zero from zero is zero)
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To: bigdaddy45

***Someone convinced a ship captain to sink his own ship?***

Plot line from REAP THE WILD WIND and WAKE OF THE RED WITCH with JOHN WAYNE
and WRECK OF THE MARY DEARE with GARY COOPER.


16 posted on 01/19/2012 8:44:30 AM PST by Ruy Dias de Bivar ( P!$$ on the Taliban. Issue MORE BEER!)
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To: SeaHawkFan
even for GROSS negligence and the Capt abandoning ship before the passengers???

and even if limited, every one of them will sue so that's what... up to 3700 suits if a full load was on board

me thinks he's still in for some rough seas ahead

17 posted on 01/19/2012 3:32:03 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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