• Matt

    You’d think they’d learn. On the other hand, it may be a calculated decision to disregard the clean water act. For example if they saved $50 million over the 6 years that they racked but 60K violations then the $20 million fine would be considered an acceptable cost (assuming you have no CSR).

  • Timothy B. Hurst

    Yeah, I’m sure it’s a calculated move on Massey’s part. If so, there are a few important implications:

    1. If Massey is just willing to pay the fines as a cost of doing business, the amount of the fine should be increased;

    2. There isn’t enough pressure on Massey from other channels (non-governmental) to get the company to bother changing.

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