So Larry got his ass kicked by some crafty eyeties in a boat race. Apparently this is a very big deal. At least to people who care about boat races. See here. Larry spent a zillion dollars on some fancy America’s Cup boat but then made the fatal error of insisting that they let him be a part of the crew. Typical. He also hired a crazy dictatorial captain that nobody liked and who everyone knew was going to mess the whole thing up. Everyone but Larry that is. Money quote: “How Ellison couldn’t see the obvious is mind boggling. Many people thought the team were going to implode – the question was when.” The result is that for the first time in 24 years there will be no U.S. boat in the America’s Cup. Nice work, Larry.