As Coal King Retires to $12 Million, Mine Safety Struggle Goes On

blankenship

Marian Wang: It’s probably safe to say that Don Blankenship had something to celebrate with the new year. Last Friday, the CEO of Massey Energy retired, and according to company disclosures [1] he received $2 million that day.

The Rebirth of Regulation

Regulation

Robert Reich: What do oil giant BP, the mining company Massey Energy, and Goldman Sachs have in common? They’re all big firms involved in massive plunder. BP’s oil spill is already one of the biggest and most damaging in American history. Massey’s mine disaster, claiming the lives of 29 miners, is one of the worst in recent history. Goldman’s alleged fraud is but a part of the largest financial meltdown in 75 years.

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