sirsholly
Posts: 42360
Joined: 9/7/2007 From: Quietville Status: offline
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quote:
ORIGINAL: pahunkboy The last 4 are dead. it may not end there. This was just released... "Massey Energy Co. said Friday it plans to produce more coal from other mines to help recover from the business damage caused by the deadly West Virginia mine explosion. The Upper Big Branch mine was expected to produce 1.6 million tons of coal over the final nine months of the year. Most of it can be replaced by transferring miners from Upper Big Branch and spare equipment to other mines, Massey said in a regulatory filing." http://hosted.ap.org/dynamic/stories/U/US_MINE_EXPLOSION_COAL_SALES?SITE=PAPIT&SECTION=BUSINESS&TEMPLATE=DEFAULT How neglected are Masseys other mines? But...perhaps i am too judgemental. A quote from the CEO of Massey, whose greed imho, caused the death of 29 miners... "Also Friday, Massey Energy, the mine owner and operator, said it is paying for the funerals of the miners killed in the explosion Monday." http://www.cnn.com/2010/US/04/09/w.virginia.mine/index.html?hpt=T2 So Massey is finally showing some level of compassion for the damage they have caused? They are going to open their respective wallets and do the right thing? I am impressed. But...just a second here. Don't most mining companies carry coverage on their employees? Yes...i think they do! Well dayyyy-umm, imagine that. So when Massey says they are going to pay for all 29 funerals, what they really mean is they are going to cash in 29 policies. That leads to the question of any funds left over after the funerals have been paid for. Let's take a wild ass guess as to who is going to pocket the difference.
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