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Wilbur Ross, murderous parasite

Wilbur Ross put together the International Steel Group that bought out LTV (around here we say that stands for Liars, Thieves and Vultures) and Bethlehem Steel -- but only after the Steelworkers agreed to deep concessions and the companies dumped the pension liabilities on the federal PBGC. Then the parasite sold International Steel Group to Lakshmi Mittal, a conglomerate from India, for $4.5 billion.

Ross now runs the International Coal Group. They bought Horizon coal company in 2004 (dumping a pension fund that was underfunded by $87 million onto the PBGC, and thus onto the taxpayers) and Anker just this past November. As everyone probably knows by now, none of these companies' workers were members of the United Mineworkers, and the companies' resultant skimping on safety is now on grisly display for the entire world to see. The spokesmen for Ross's company are now blaming the Sago mine disaster on the previous owners, which begs the question of why the company continued to operate the mine if they knew there were outstanding safety violations -- but it's unlikely that anyone will ask that question. And don't expect Wilbur Ross to pay. After acquiring the old companies at bargain-basement prices, he'll suck them dry (especially the workers -- and who cares if a dozen or a few dozen die along the way?) and then dump them for a hefty profit.

Comments

I just saw this jack ass on TV today. It doesn't look like he has any compassion in his wicked soul.He tells the families he will give the the cheap amount of 2 million, then expects the rest of us in the US to give more. He should rot in hell!!!!

Thank you for showing your ignorance on the entire situation on what is going on in Pittsburgh. In no way are you correct about Mario Lemieux, if there was any other owner owning this team who gave a damn about their investment this team would have been gone a long time ago. This guy has already saved the pens twice, and has by shunned by the city and state for the past 7 years, being promised a new arena years ago, but never given. And, if you were paying attention to the situation, you would see that the penguins are receiving no revenue from their slots plan. They are simply teaming with Isle of Capri who has agreed to pay 290 million for a new arena. Ignorant ass, do a little more research before you tell the world a bunch of BS.

"Mort" is not the most literate fellow around, is he? Not only has he clearly not read the posts about the Penguins arena proposal -- which do, in fact, make clear that Lemieux will get his $293 million pound of flesh as part of a joint deal with Isle of Capri -- but he has even posted in the wrong thread. Note to readers: if you're going to flame me, at least try to give the impression that you've actually read the post on which you're supposedly commenting.