New York state Comptroller Thomas DiNapoli is calling for the resignation of Don Blankenship, the chairman and chief executive of Massey Energy Co., the mining firm that lost 29 miners to a deadly underground explosion last week.
This isn’t simply a case of New York politicians passing judgment on other areas of the country. It turns out that the New York State Common Retirement fund, which Mr. DiNapoli manages, owns more than 300,000 shares of Massey Energy worth more than $14 million.
Full story: NY state pension fund attacks mining CEO