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In reply to the discussion: Bernie Sanders Sent a Bunch of Pizzas to the Coal Miners Blocking a Train in Kentucky [View all]PatrickforO
(15,116 posts)18. Blackjewel is a corporation. The problem with this is that corporations
don't have to pay, and the company's owners and executives are free from any consequences.
Seriously. Here's what Blackjewel's Owner/CEO is doing these days:
Beyond payment due to the miners, Blackjewel and related companies owe the public hundreds of millions of dollars in taxes, royalties, and fines as well as payments to creditors and vendors.
New findings raise serious questions about self-dealing by former CEO Jeff Hoops and his family who are building a multi-million resort development in West Virginia. Hoops, and companies controlled by him and his family, are seeking $22.2 million for what they characterize as unpaid loans and owed royalties and rent payments from Blackjewel.
Hoops says that he is owed $11 million for loans he made to the company without documentation and apparently in violation of Blackjewels other credit agreements. Two other companies controlled by Hoops have filed claims against Blackjewel seeking a further $11.2 million in royalty payments and rent. The contracts supporting those claims are signed by Hoops as representative of both Blackjewel and the companies making claims against Blackjewel. The claims seek payment be sent to Hoopss wife, Patricia, the namesake of Hoopss planned resort.
New findings raise serious questions about self-dealing by former CEO Jeff Hoops and his family who are building a multi-million resort development in West Virginia. Hoops, and companies controlled by him and his family, are seeking $22.2 million for what they characterize as unpaid loans and owed royalties and rent payments from Blackjewel.
Hoops says that he is owed $11 million for loans he made to the company without documentation and apparently in violation of Blackjewels other credit agreements. Two other companies controlled by Hoops have filed claims against Blackjewel seeking a further $11.2 million in royalty payments and rent. The contracts supporting those claims are signed by Hoops as representative of both Blackjewel and the companies making claims against Blackjewel. The claims seek payment be sent to Hoopss wife, Patricia, the namesake of Hoopss planned resort.
This link has the whole disgusting f-ing mess. https://news.littlesis.org/2019/08/15/wall-street-former-ceo-seek-to-get-paid-while-blackjewel-miners-wait-for-back-wages/
This Hoops needs to spend some time in prison.
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden
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Bernie Sanders Sent a Bunch of Pizzas to the Coal Miners Blocking a Train in Kentucky [View all]
Uncle Joe
Aug 2019
OP
lol my addblock has blocked 600 items from vice.com , In just a few minutes .
stonecutter357
Aug 2019
#3
Great post Uncle Joe, a wonderful gesture. But wait for it... you know it's coming...
Autumn
Aug 2019
#4
Corporations as a rule have no shame, unlike the "persons" they purport to legally be.
JudyM
Aug 2019
#40
I'll be more impressed if he continues sending food to the miners in subsequent weeks.
TexasTowelie
Aug 2019
#34
I am normally a fierce critic of Bernie. But the pizzas for that situation was a deft
Blue_true
Aug 2019
#35
Bankruptcy law says that debt holders must be paid before workers, unfortunately.
HerbChestnut
Aug 2019
#16
Yes I was involved in this once and that is unfortunately the way it goes . Big dogs first but the
lunasun
Aug 2019
#31
No matter how many times they are deceived and attacked by GOP politicians and capitalists,
guillaumeb
Aug 2019
#26
I love when our candidates call attention to and show encouragement to workers
DesertRat
Aug 2019
#41