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An open letter to Ashley Judd: In Defense of Coal
#26
Wildcatk23 Wrote:Yes The Correct amount is not what u have given either.

Instead, the number was whittled down to two with a total fine of $110,000. Massey Energy appealed those citations; one was removed. The only federal violation Massey is cited with is for failing to properly notify MSHA about changes in water flow from the impoundment; fine: $55,000.

A fine by the state of Kentucky was much stiffer. (Martin County Coal) agreed in the summer of 2002 to pay $3.25 million in penalties and damages, the largest mining-related fine in the state's history.

Massey Energy says it has spent over $40 million in cleanup costs. But Massey's CEO, Don Blankenship, also announced during a conference call with investment bankers on July 31, 2003, that the company had just won a $21 million insurance settlement for property damage and business interruptions that resulted from the October 2000 slurry spill.
So you are criticizing Massey for paying insurance premiums and then collecting benefits to which it was entitled after the accident? How is that related to the millions of dollars in fines that Massey paid?
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An open letter to Ashley Judd: In Defense of Coal - by Hoot Gibson - 06-28-2010, 10:30 PM

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