No Sale For Saddam's Yacht
Even a government can't sell a yacht in these tough times. The 269-foot yacht that once belonged to Saddam Hussein has failed to sell. The yacht will be towed from Greece to a Basra, Iraq. The Iraqi government has had the yacht on sale for $30 million since last fall. The yacht, was done up for Saddam Hussein in a lavish style with marble and gold and features a bulletproof atrium, two medical treatment centers and a swimming pool. It had been in Greece for maintenance work.
Reader Comments (Page 1 of 1)
William Jan 22nd 2009 11:23AM
Deidre you are such an idiot! Do you think that everything that doesn't sell is because of the economic climate? If I try to sell a blank piece of paper for a million dollars and don't get a buyer, do you think I would have if I sold it 3 years ago? No!
The Iraq war started fairly recently, so Saddam doesn't exactly have the same appeal that Hitler does. Owning Saddam's ship isn't like owning a car driven by Hitler. There are so numerous alternatives to the ship that are far more superior which a better background.
On top of that, the pictures shown above display very outdated and tacky interiors. Its kinda like how Scott Storch got a fraction of the price he paid for his yacht...its because nobody wants it, not because nobody can afford it!
Deidre Woollard Jan 22nd 2009 11:31AM
You make some interesting points, William. I agree the decor is certainly a determining factor in why the yacht hasn't sold and certainly the provenance is also key. I still think the economic situation plays some role because the overall number of people potentially interested in a purchase like this is reduced. But yes, there are better yachts to spend $30 million on.