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The Stranger in the Lifeboat

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ANCHOR: Memorial services are being held today for billionaire investor

Jason Lambert, who disappeared along with more than forty others when his

luxury yacht, the Galaxy, sank in the Atlantic Ocean last month. Our Tyler

Brewer has more from the site of today’s services.

REPORTER: That’s right, Jim. The US Coast Guard officially declared the

Galaxy lost at sea following twenty-six days of exhaustive search and rescue

attempts. It is believed that the yacht blew apart after some kind of explosion

or impact. The cause remains unknown.

ANCHOR: Tyler, the list of those lost is extraordinary, isn’t it? A former

president, world leaders, captains of industry, popular entertainers.

REPORTER: That’s correct. Perhaps because of that, there are calls from

foreign governments to investigate the cause of this tragedy, to ensure that it

was not in some way politically or financially motivated.

ANCHOR: But first, I imagine, comes the solemn tradition of funerals, made

more painful for the lack of the actual bodies.

REPORTER: Yes. Here, at the memorial for Jason Lambert, there will be no

casket or gravesite ceremony. He’ll be remembered by friends and family,

which include three ex-wives and five children. We’re told none of them will

be speaking, only his longtime business associate Bruce Morris.

Jason Lambert, of course, was a controversial figure, an extremely

wealthy man who seemed to enjoy showing the world his fortune. He grew up

in Maryland, the son of a pharmacist, and started his working life as a

vacuum salesman. Within three years, he took over the business. He soon

leveraged his company to buy others, eventually earned a master’s degree in

finance, and started his now-famous mutual fund Sextant Capital, which has

grown to the third-largest fund in the world. Among other holdings, he owned

a movie studio, an airline, a professional baseball team, and an Australian

rugby club. Lambert was also an avid golfer.

The Grand Idea was Lambert’s final creation. It was hailed by some as

visionary, and criticized by others who saw it as a frivolous gathering of the

rich and powerful. Of course, no one knew what a dark turn the voyage

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