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I posted this question at the SWJ blog, but it probably has a better chance of being answered here.

My question pertains to my analysis below. The question is: am I correct?

I read, via AP,...

Blackwater Plans Effort Against Piracy

Looks like Blackwater intends to send these Corsairs to Davy Jones' locker. Perhaps the real booty is in the contract, not the hijack.