Freedom to Pollute Industry Declares Bankruptcy. Poor Rich CEO too Penniless to Pay Bills.

[evildevil]

West Virginia Polluter Freedom Industries Files For Bankruptcy To Halt Lawsuits

Freedom Industries, the company that recently leaked thousands of gallons of toxic chemicals into the Elk River in West Virginia, quietly filed for bankruptcy this past Friday to shield themselves from the onslaught of lawsuits filed against the company.

The current

Comments

[thevelvetsun]

This is BS. I hate that our economic and political system allows these companies to get off practically scot free while hundreds of thousands of people suffer. They can dissolve this company, and then a week later a new company with a new name (but the same owners and same buildings, etc) will appear, with no liability to those they've hurt.

[bella_cheval]

Exactly what I said when the local news reported that he was filing Chapter 11. This assmonkey and every company that thinks like him need to be shot into the sun and this stupid rule that they can come back as another company with no strikes against them needs to go with them.

And y'all know something? There's a story going round that the leak started earlier than was originally thought. Some folks were talking about smelling the licorice smell in their water at least a week earlier but didn't think much about it. If that's true, I'm going beyond pissed off into nuclear rage.

[shortsweetcynic]

his newly purchased company had been skirting safety regulations and vital equipment upgrades in an effort to save a few bucks in the short term.

well there's a fucking shocker.

[bella_cheval]

Wouldn't be surprised if OSHA joined the party if they haven't already.

[nicosian]

Whats that song called, sung by the freemarketeers of "the corporations will do right by the consumers if they demand it and we don't need no stinking regulations!?" yeah. That.

I'm all for doing like they did in china over the tainted milk scandals: sentenced the CEOS and those who knowingly cut corners on product,: death. Don't even have to actually do it, but it might scare some into perhaps following all those nitpicky regs that keep them from taining vast swaths of the planet for profit.

Or their heads on pikes. I'm tired of seeing this kind of thing happen and companies slithering out from underneath. Put em on trial. Penalize them. Nail their collective asses to the wall and make it stick.

[wrestlingdog]