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When wealthy adventurers take huge risks, who should pay for rescue attempts?

In recent days, the massive hunt for a submersible vehicle lost during a north Atlantic descent to explore the wreckage of the Titanic has refocused attention on the conundrum: who should pay for the sweeping search? With rescuers and the public fixated first on saving and then on mourning those aboard, it has made for uneasy conversation. In the end, it turned out that the sub had imploded near the Titanic wreckage. In the past, government agencies have typically taken on the cost of such searches, even when rich people pay thousands of dollars for questionable activities.

When wealthy adventurers take risks, who should pay for rescue?

When millionaire Steve Fossett’s plane went missing over the Nevada range in 2007, the swashbuckling adventurer had already been the subject of two prior emergency rescue operations thousands of miles apart.

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