It was July of 1944, the height of World War II, when a TBM-1C Avenger torpedo bomber was approaching its target. The three-man crew, anticipation in the air, were suddenly vanquished by anti-aircraft fire over a relatively shallow lagoon near the Pacific island of Palau. After an initial fruitless search, it is now, nearly 3/4 of a century later, that the aircraft was found in 85 feet of water. Finding World War II plane is emblematic of larger mission The single-prop Avenger lay dormant for 72 years until the Scripps Institution of Oceanography at the University of California San Diego…
Downed World War II Aircraft Found In Pacific After 72 Years
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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