November 22, 2014

One to watch

The latest legal developments in the case of former Massey CEO Don Blankenship are interesting. First, the gag order will make events a little hard to follow. The accused pleaded not guilty, which wasn't a surprise. I was a bit surprised to learn about the requirement for him to post a $5 million bond.

A friend of mine suggested that the judge might have been afraid of another Marc Rich incident. Rich was a financial speculator who fled abroad to avoid prosecution until pardoned by President Clinton for some ungodly reason during the final moments of his presidency. Ken Ward reports that the federal magistrate seems to be concerned about Blankenship's financial affairs as well.

The irony in all this is that Blankenship's legal troubles are occurring just as his political dreams for West Virginia have come true in the wake of the last election.