Coal Workers Lose Pensions As Execs At Bankrupt Company Get Bonuses

Coal Workers Lose Pensions As Execs At Bankrupt Company Get Bonuses: On Wednesday, a bankruptcy judge in St. Louis freed a bankrupt coal company from its contractual obligations to retired miners. Judge Kathy Suratt-States explained that Patriot Coal could not be held to its $1.3 billion in pension obligations because the laborers who incurred those obligations shared in the responsibility for the company’s failure: “There is [...]/p