[DBrow]

This was Obamas stated goal, bankrupt the coal industry. I wonder how long before China buys it?

[Red Badger]

Does it matter? Even if China buys it, will they staff it?........................

[DoodleDawg]

This was Obamas stated goal, bankrupt the coal industry. I wonder how long before China buys it?

Based on the story it looks like Peabody was able to do that without much help from Obama. They spent billions expanding their capacity just before national and international demand for coal went into the toilet.