most expensive sailboat acquisition ever ...

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http://news.yahoo.com/billionaire-holds-navy-ship-hostage-184034845--abc-news-topstories.html

Billionaire Paul Singer loans mega-$$$$ to Argentina. Argentina defaults on their debt. Singer impounds the antique frigate ARA Libertad @ Ghana. Argentina gives up the ship, 300 navy sailors abandon ship.

1.6 billion dollars is a lot of money for a sailboat. <grinning> What I've put into my boat seems trivial, in comparison.

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[Manureva]

i have had a beer in the officers mess of that boat when it visited the naval shipyard of Halifax in 2005, nice boat and impressive!

 

[j_schoenfeld]

What would the payment on that be? Can you get 100 year financing......???