A change in CEO again!
Posted in the Madison Forum
#1 Oct 24, 2012
patriot-coal-names-bennett-k-1 30000276 Just happened ,today.
#2 Oct 24, 2012
http://markets.financialcontent.com/stocks/ne... It would not posted.
#3 Oct 24, 2012
Patriot is dying, they have secured $700+ million in new debt to stay in business. More debt isn't going to solve the problem. The problem is too many union employees. Unions are communist and are killing America. The UMWA was essential back in the 20-30's because of unsafe working conditions. The UMWA is obsolete today, with the MSHA and OSHA breathing down the coal company's neck constantly. Obama and his minions have made regulations so stringent that it is impossible to stay in business. Obama said he wanted to bankrupt coal companies and he's doing a great job at it...too bad the coal miners and UMWA voted for his sorry black ass.
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