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PatrickforO

(15,116 posts)
18. Blackjewel is a corporation. The problem with this is that corporations
Mon Aug 19, 2019, 07:41 PM
Aug 2019

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 Blackjewel’s 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 Hoops’s wife, Patricia, the namesake of Hoops’s 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
This message was self-deleted by its author Vegas Roller Aug 2019 #1
I hope that was satire. vsrazdem Aug 2019 #2
I don't think it was satire. Glad it was deleted. elleng Aug 2019 #27
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
.... Uncle Joe Aug 2019 #6
glad you posted this, from the article questionseverything Aug 2019 #9
Corporations as a rule have no shame, unlike the "persons" they purport to legally be. JudyM Aug 2019 #40
And there it is, just below your post. HerbChestnut Aug 2019 #10
Never does Hassin Bin Sober Aug 2019 #22
I ordered from Pizza Hut last week. TexasTowelie Aug 2019 #5
Or, you know, maybe he genuinely wanted to show those guys support? HerbChestnut Aug 2019 #11
I have no doubt the miners appreciated it. Uncle Joe Aug 2019 #13
You are not by any chance.... sheshe2 Aug 2019 #28
Family? Uncle Joe Aug 2019 #29
That could be true, TexasTowelie Aug 2019 #25
Because it's part of Bernie's overall message. Uncle Joe Aug 2019 #30
Why most caring people love Bernie!! InAbLuEsTaTe Aug 2019 #33
Yes indeed. CentralMass Aug 2019 #36
I'll be more impressed if he continues sending food to the miners in subsequent weeks. TexasTowelie Aug 2019 #34
+1000. Marketing. (nt) ehrnst Aug 2019 #39
can you really? i eat 5 times a day. small portions except lunch. Kurt V. Aug 2019 #12
Yes, if it is a thin crust. TexasTowelie Aug 2019 #24
I am normally a fierce critic of Bernie. But the pizzas for that situation was a deft Blue_true Aug 2019 #35
Everyone should support these miners Land Shark Aug 2019 #7
I agree on all counts Land Shark. Uncle Joe Aug 2019 #8
Pay the #WorkersFirst -You corporate scum. Captain Zero Aug 2019 #14
Bankruptcy law says that debt holders must be paid before workers, unfortunately. HerbChestnut Aug 2019 #16
Repub legislation. nt Duppers Aug 2019 #17
with Democratic support, sadly. nt. druidity33 Aug 2019 #37
Yes I was involved in this once and that is unfortunately the way it goes . Big dogs first but the lunasun Aug 2019 #31
That's f'in criminal! RainCaster Aug 2019 #15
Blackjewel is a corporation. The problem with this is that corporations PatrickforO Aug 2019 #18
Thanks for the addition PartickforO Uncle Joe Aug 2019 #19
Oh, and one other thought. PatrickforO Aug 2019 #20
Wonder if Blackjewel, its managment and owners are Moscow Mitch Donors? bitterross Aug 2019 #21
I thought about Moscow Mitch when I saw this article. Uncle Joe Aug 2019 #23
Possibly, TexasTowelie Aug 2019 #32
No matter how many times they are deceived and attacked by GOP politicians and capitalists, guillaumeb Aug 2019 #26
As much as I opposed Bernie's tactics and candidacy, this is a great thing. Amimnoch Aug 2019 #38
I love when our candidates call attention to and show encouragement to workers DesertRat Aug 2019 #41
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