Here's a more detailed update from the Washington Post of the ship's last moments and the rescue efforts: http://www.washingtonpost.com/local/tall-ship-hms-bounty-sinks-off-nc-coast-two-still-missing/2012/10/29/d276daf8-21d8-11e2-8448

Actually this link didn't work when I just tested it; they may be doing further updates to the story.

There are still some unanswered questions but the drama is now over.

Charley Noble