Superyacht That Sank Off Sicily Killing Seven To Be Raised [Barron's]
Morgan Stanley (MS)
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Source: Barrons
The luxury 56-metre (185-foot) yacht was struck by a pre-dawn storm on August 19 as it was anchored off Porticello, near Palermo, and sank within minutes, killing Lynch, his 18-year-old daughter Hannah, and five others. Lynch, the 59-year-old founder of software firm Autonomy, had invited friends and family onto the boat to celebrate his recent acquittal in a huge US fraud case. Inquests into the deaths of Lynch and the other three British victims are being held in Ipswich in eastern England. Simon Graves, a principal investigator for the Marine Accident Investigation Branch (MAIB) -- a British government organisation that investigates maritime accidents involving British ships around the world -- told a pre-inquest hearing that the Bayesian was going to b
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