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MORGANTOWN, W.Va. – Massey Energy Co. Chief Executive Don Blankenship, the modern-day coal baron who made millions for investors while turning countless neighbors into bitter enemies over environmental destruction, will wrap up his reign as the king of Central Appalachia's coalfields at year's end.

Virginia-based Massey announced late Friday that Blankenship — respected and reviled in equal measure — will retire as chairman and CEO Dec. 31. That will end a 30-year career highlighted by huge profits, violent labor battles, feuds with federal regulators and a 2010 mine explosion that ranks as the nation's worst coal mining disaster since 1970.

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http://news.yahoo.com/s/ap/20101204...jb3JkaW9uX3Vfc19uZXdzBHNsawNzdWNjZXNzZnVsYW4-
 

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Coal is an industry guaranteed to have conflict between investors, workers and communities. A CEO will always be balancing between these groups. But he works for the investors, so their interests have to be his primary concern. Nothing evil about someone leading the way through those disagreements and eventually retiring with a handsome reward. Good for this guy.:thumbsup:
 
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