An article popped up a few days ago that John's companies' money was removed from Cyprus before the seisure of bank assets. He'll only lose a million or so of his over 8+ Billions. I poured more money (years ago) into Seadrill when I researched he had over half of all his money in SDRL even though he owns numerous other sea related companies... Go John go , keep one step ahead of those damn politicians.
Loved the FRO divy in the mid 2000's until I sold it it to cover margin calls for other stocks . Shipping rates are very volitile. Recently I bought some long range calls on FRO thinking it will go north of $3 as shipping rates improve. After the mid 2000's JF shifted most of his dough into SDRL. I was worried that a Cyprus confiscation could jeopardize his empire , but it sounds like he got a heads up. . I'm hearing money is shifting to US and Chinese banks for safety from European troubles.