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Bracing for Tough Year in Yachting
Hsieh may have dodged the worst of the mortgage mess, but he said he’s bracing for what could be a tough year at Crow’s Nest. The economy will affect his business, he said, as yachts are investments.  Crow’s Nest employs 85 people and has about $30 million in yachts on hand—boats ranging in price from $80,000 to $4 million. Crow’s Nest has offices in Cabo San Lucas, Hawaii, San Diego and Seattle.