Finance Geek

Six frigates, Old Ironsides among them, outfitted to defeat the Barbary pirates marked a young democracy’s first efforts at projecting the rule of law on the high seas. Will it take a Chinese aircraft carrier to do the job against today’s Somali pirates?
As an indication of the total disdain the emerging pirate nation has for the waning prowess of western powers a stock exchange has been busily operating in Harardheere, Somalia through which pirate gangs can raise financing and share the spoils of their rapidly growing operations. According to GCaptain, an online newsletter that…

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