Peabody’s Bankruptcy: A Giant Falls, but Its Obligations Remain – Truth-Out
(Photo: Jeffery Scism)MARY ANNE HITT OF ECOWATCH FOR BUZZFLASH AT TRUTHOUT Article reprinted with permission from EcoWatch This week, a giant that had been teetering for many months finally fell, as Peabody Coal officially declared bankruptcy. For market watchers around the globe, this was a decisive movement in the long decline of an industry that…