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Miners Arrested in Fight to End Peabody's Termination of Retiree Health Benefits
My FDL
[Opinion] Feb. 19, 2013 "In 2007, Peabody Energy and Arch Coal spun off a large chunk of their health care and retirement obligations to a new entity called Patriot Coal. In a financial and bankruptcy transaction that UMWA Vice President from Alabama, Daryl Dewberry, described as 'nickel slick', Peabody Energy and Arch Coal are trying to wash their hands of responsibility for the health benefits for which they had signed contracts." MORE >> |
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