CAPITAL MARKETS

The fading fortunes of coal's super-rich

COAL has two faces and they share a common problem. The face we all know best is that of a dirty miner at the end of a shift, looking worried about keeping his job. The other, as <i>Hogsback</i> will explain, is not worried about keeping his job but he is certainly dirty about the price of coal.

Tim Treadgold
The fading fortunes of coal's super-rich

Money is what separates the human faces of coal. While much has been written about mine workers losing their jobs, less has been written about rich owners and investors who have been losing a fortune....

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