Archive for January 18, 2012

Cruise Ship Captain Has Bright Future

Much has been made of Capt. Francesco Schettino–captain of the cruise ship Costa Concordia, which ran aground after he made an unauthorized deviation from his programmed course–and his abandonment of ship as passengers remained on the ship, struggling to get to safety. Vox Day–who is fluent in Italian–has a nice take on the dialogue between Schettino and the Coast Guard, whose commander ORDERED Schettino to get back on the ship.

Still, what is missing here is that while Schettino’s career in the maritime industry is done, he can look forward to a bright career with the banking industry, if he wants it.

At Goldman Sachs, he can market toxic securities to hedge funds and pensions–selling them as investment-grade securities–and then, when everything goes to shit, he can get out with a huge bonus and government protection. Heck, he can even go on from there to a career on K Street as a lobbyist.

With his penchant for creating disasters and fleeing while leaving victims to fend for themselves, he would fit right in with the banksters.