King Coal Is Headed to Prison

King Coal Is Headed to Prison
A sign warning people to stay away from a dangerous area of mines and waste-rock piles is pictured in Calico Ghost Town, California. Scottthezombie, CC BY-SA
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So long, Don, it’s been God-awful to know you.

Don Blankenship, who was the King of King Coal, is headed toward a place he never imagined he'd end up: federal prison.

The ruthless former CEO of the Massey Energy company arrogantly assumed he was above the law. For years he openly disdained the safety rules of his dangerous industry, willfully violating them in order to increase corporate profits and his own exorbitant executive pay package.

Even when the law caught up with Blankenship, forcing him to resign as Massey’s CEO in 2010, he awarded himself a $12-million golden parachute to cushion his fall.

All of his enrichment, however, was blood money. Literally.

Jim Hightower
Jim Hightower
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OtherWords columnist Jim Hightower is a radio commentator, writer, and public speaker. Distributed by OtherWords.org.
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