Showing posts with label expensive. Show all posts
Showing posts with label expensive. Show all posts

Wednesday, January 14, 2009

$100,000 tuna

That's a pile of money for a fish, no wonder bluefin tuna are vanishing.

At the first auction of the year in Tokyo, two restaurant owners shared the prize tuna at a cost of $100,000 for the 280 pound fish. And that's not even the all-time record, in 2001 a 450 pound bluefin sold for $219,000 which is nearly $500 per pound. That's an expensive fish.

The writeup in the Wall Street Journal failed to mention the sad fact that these fantastic prices are driving bluefin tuna close to extinction. I guess they're too busy worrying about vanishing investment banks.