Salvagers claim they've found world's most valuable wreck

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Salvagers claim they've found world's most valuable wreck

Salvagers claim to have found the world's most valuable wreck - a British ship sunk by a German submarine while laden with a 2.6 billion pounds worth of cargo that included gold, platinum and diamonds.

In a project shrouded in secrecy, work is due to start on recovering the cargo, which was being transported to the United States to help pay for the Allied effort in the Second World War.

The scale of the treasure trove is likely to lead to a series of competing claims. Salvage laws are notoriously complex and experts say there could be years of legal wrangling ahead.

This should be entertaining, to say the least. Hey, if this money was meant for the US Gov't, maybe it should be lumped in with the bailout funds?