Here's the article about that dude.

http://www.musculardevelopment.com/content/view/86/119/

Everyone here seems to equate this with waste and a sign of corporate irresponsibility. I disagree.

If one person, let's say my daughter, were to die in a crash due to one of these damaged 4703 cars, would it be worth it for the other 4702 that didn't? I think not.

As for the guys who rescued the Cougar Ace, they were not doing it for the cars. They were doing it because 1) it's their job 2) $10 million 3) scrapping a freighter is more wasteful than scrapping 10,000 cars.

The Nobel prize is Swedish too.