Luxury yacht sinking off the coast of Italy

SOURCE www.yahoo.com
A luxury yacht sank off the coast of Italy due to a tornadic waterspout, with six people, including tech magnate Mike Lynch and Morgan Stanley International bank chair Jonathan Bloomer, still missing. The incident follows a legal victory for Lynch in a fraud case involving the sale of his company Autonomy Technology to Hewlett-Packard.

Key Points

  • Luxury yacht Bayesian sank off the coast of Italy due to a tornadic waterspout
  • Missing persons include tech magnate Mike Lynch and Morgan Stanley chair Jonathan Bloomer
  • Legal victory for Lynch in fraud case involving Autonomy Technology sale to Hewlett-Packard
  • Bizarre series of events following Lynch's trial, including the death of his former vice president Stephen Chamberlain

Pros

  • Legal victory for Mike Lynch in fraud case

Cons

  • Tragic event with six people missing after yacht sinking