CROPfm Forum

Google's been known to track all sorts of stuff, including search trends, wildfires, and the flu. Now Google Maps and Google Earth are being used to record the locations of what might qualify as an even more interesting thing: pirate attacks.

November 20 (Bloomberg) -- The Somali pirates, renegade Somalis known for hijacking ships for ransom in the Gulf of Aden, are negotiating a purchase of Citigroup.

The pirates would buy Citigroup with new debt and their existing cash stockpiles, earned most recently from hijacking numerous ships, including most recently a $200 million Saudi Arabian oil tanker. The Somali pirates are offering up to $0.10 per share for Citigroup, pirate spokesman Sugule Ali said earlier today. The negotiations have entered the final stage, Ali said.

Foreign secretary signals Britain will refuse to pay for release of two British hostages despite captors' threat of 'disastrous' action

The pirates themselves seem to be raking it in. As the Guardian reports, pirates have made about $30 million from ransom payments this year, according to U.N. estimates; and they are demanding $25 million for the return of their latest capture, the Saudi supertanker Sirius Star.

The Somali pirates were the centerpiece of my Pirate Tale for Boom!