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Let's do the math: 82 miners get $38K (that's $3.1M) and the rest get $19K (that's $2.8M)....that means the remainder (about $2.8M) goes to the lawyers....
This cost of *not* producing coal will be passed on to Massey's customers (mostly electrical utilities who purchase coal), who in turn will pass that cost on to electricity customers....namely you and me.... I hope it keeps you warm at night, knowing that your money is being paid out to people who have not produced a single BTU for the $8,75M spent.... |
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well said...
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Those miners were very productive when they were working. Massey put out the propaganda that they could not find qualified coal miners. These coal miners had worked for years for a mismanaged company. It was not their fault that management did not know how to run a coal company. If Massey treated their people fairly, they would not have to fear the union.
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