Mine owner has checkered record

Corporate takeover artist Wilbur L. Ross, Jr., who owns the West Virginia mine where 12 workers were killed last week, specializes in buying up bankrupt firms in a variety of industries after they shed pension, health and/or other obligations to their workers.

And after purchase, safety at these companies has nose-dived, thanks to the weakening or elimination of the unions, as well as nonenforcement of safety laws and regulations by state and federal authorities, according to writer and activist Andrew Pollack.

Ross’ record includes ownership of LTV — after the steel company abrogated its pension obligations — and formerly unionized textile companies.

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Read more in Pollack’s article in the Monthly Review, The Man (and the System) Behind the Mining Murders

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