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West Virginia Mining Disaster

Forbes: Mine Deaths May Bring Scrutiny to Ross’ International Coal. Rolling up a host of smaller companies can bring a host of risks, but they are usually more financial than physical. That was not the case yesterday at a coal company brought under the umbrella of billionaire investor Wilbur Ross, and his group is now facing the consequences.

I’ve added International Coal Group contracts to the web site. There are a number of coal leases, as well as an Advisory Services Agreement with W.L. Ross & Co. and an Employment Agreement between International Coal Group and Bennett Hatfield.