Feds indict former Massey Energy CEO Don Blankenship

[Michchamp]

If you remember, he was CEO of Massey during the 2010 coal mine explosion that killed 29 workers. The four count indictment is related to charges he orchestrated a conspiracy to violate safety restrictions, and one count related to false statements in an SEC filing. I'm thinking in the end, he'll probably only be convicted of the latter, and get a couple years in a federal minimum security prison.

Seems noteworthy to me because I never thought I'd see a CEO indicted for anything in America, ever again.

This guy sounds like a pretty awful person as well. reading his wikipedia bio, I'm thinking you couldn't create a better (or worse depending on your perspective) poster boy for coal mining if you tried.

 

[tinselwolverine]

Seems noteworthy to me because I never thought I'd see a CEO indicted for anything in America, ever again.

It really is a crime that not even Angelo Mozilo was criminally charged in the mortgage backed securities scam.

 

[Michchamp]

It really is a crime that not even Angelo Mozilo was criminally charged in the mortgage backed securities scam.

shameful.

if you are orange, there should already be a presumption before the law that you're guilty of something.

 

[Michchamp]

likewise if you have this type of moustache:

lock em all up, and throw away the key.

 

[Gulo Blue]

shameful.

if you are orange, there should already be a presumption before the law that you're guilty of something.

That's racist?

...but your line that Tinsel quoted. That was my 1st reaction too.

 

[Gulo Blue]

likewise if you have this type of moustache:

lock em all up, and throw away the key.

Tom Selleck is a national treasure!!

 

[Michchamp]

That's racist?

...but your line that Tinsel quoted. That was my 1st reaction too.

being orange isn't a race, it's a state of mind.

 

[Michchamp]

Tom Selleck is a national treasure!!

not the same thing:

 

[Spartanmack]

If you remember, he was CEO of Massey during the 2010 coal mine explosion that killed 29 workers. The four count indictment is related to charges he orchestrated a conspiracy to violate safety restrictions, and one count related to false statements in an SEC filing. I'm thinking in the end, he'll probably only be convicted of the latter, and get a couple years in a federal minimum security prison.

Seems noteworthy to me because I never thought I'd see a CEO indicted for anything in America, ever again.

This guy sounds like a pretty awful person as well. reading his wikipedia bio, I'm thinking you couldn't create a better (or worse depending on your perspective) poster boy for coal mining if you tried.

Blakenship was pretty widely disliked and mistrusted by just about everyone in the business - he could hardly be considered the poster boy for the industry, except by people who don't know anything about it other than "businessman = bad, businessman in coal business = really bad"