Which event in The Story of a Shipwrecked Sailor do you think is the most tragic? Why?

In The Story of a Shipwrecked Sailor, several events could be considered tragic. The greatest tragedy is the loss of lives because of greed. Seven of the sailors died who were thrown overboard from the overloaded ship. The sole survivor was Luis Velasco, who could not keep the others from getting swept away. The underlying causes of the ship's difficulties may also be considered tragic, in that the vessel was not only overloaded but also carried no life-saving equipment.
The political attempts at a cover-up are tragic in a similar vein: after Velasco was rescued, the government restricted him to speaking only with journalists who favored the ruling regime, thereby trying to prevent the truth from coming out. The official story was that a storm had caused the problems, but Velasco revealed that there had been no storm and that the sailors were thrown rather than swept off the deck.