- September 28, 2021
- Posted by: Stratford Team
- Category: Business
West Virginia Governor Jim Justice speaks about removing the state’s income tax during the State of … [+] the State Address in the House Chambers of the West Virginia State Capitol Building in Charleston, W.Va., on Wednesday, Feb. 10, 2021. (AP Photo/Chris Jackson)
One of the knocks against West Virginia’s Governor Jim Justice is that he does the job part-time. He tends to the state’s business from the Greenbrier Resort in his home in Lewisburg, West Virginia — not the state capitol — when he’s not dealing with his troubled coal business. And that’s much of the time these days.
To get out from under the mess, Governor Justice is offering to pay one of his debtors — Credit Suisse — $300 million and half the value of his family’s coal business, called Bluestone Resources Inc., which mines metallurgical coal used to make steel. That’s according to a Wall Street Journal report, which…