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from Full Focus:

South Korean ferry capsizes

Hundreds are missing after a ferry capsizes off South Korea, in what could be the country's biggest maritime disaster in over 20 years.

from Commentaries:

Allen Stanford lost at sea?

rigThe R. Allen Stanford legal defense story keeps getting stranger and stranger.

While the securities world waits for the inevitable indictment of the Texas financier, he keeps going through lawyers with the same speed the alleged Ponzi mastermind was said to date women. Last week Stanford replaced his civil litigation defense team with a group of lawyers from the little-known Washington, D.C.-based law firm The Gulf Law Group.

The Gulf firm bills itself as a "full-service firm,'' but it mainly appears to be a law firm specializing in admiralty and maritime law. On the firm's homepage there are photographs of a lighthouse, a cargo ship and offshore drilling platform.

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