$300K is the tip of the iceberg:

$300K for boat (no bid)
How much $ for fuel
How much $ salary was paid for screwing around on the yacht
How much $ for insurance for non-authorized use
How much $ for the blown NEW engine
How much $ for the USCG tow back in with blown NEW engine
How much $ for the USCG tow back in for running out of gas
Maintenance costs for racking up hours that were not necessary?
How much enforcement/preservation of resources was LOST due to misuse of time and resources to party?

For those who own a boat (and probably a much lesser boat), you know what they cost!! The goes on and on....

I want that manager fired. Why should we payroll his next paid vacation?