Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ July 3, 2007 Here in Kentucky we don’t believe in welfare, and to hand a $400,000 welfare check to a Corporation with more money than God is unthinkable. Gregory H. Boyce reported he exercised stock options for $8.63 apiece and then sold all of them the same day for $50 apiece. Hell’s bell’s Peabody Energy CEO Gregory H. Boyce made, according to my figures, made $380,604 in one day with his stock options. Reckon he had some inside information? Lord only knows how much this guy makes salary wise. It’s obvious to this DAH “Dumb Ass Hillbilly” Gregory H. Boyce and or Peabody Energy doesn’t need to be on the welfare rolls and Governor Ernie Fletcher needs to let us know if Gregory H. Boyce and or Peabody Energy donated to his secret defense fund.
Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ June 21, 2007 For information about coal to liquid click here. For information about Peabody Energy Corp. click here. Peabody Energy Corp. share holders want our tax dollars to help them make money with little or no risk. Rick Bowen of Peabody Energy Corp. wrote the following to Gov. Ernie Fletcher. “This summer, Peabody Energy intends to make a major decision regarding development of this project and its location. In doing so, Peabody must protect our shareholders by minimizing the cost of the project.” A plan unveiled last week at a state energy subcommittee hearing in Muhlenberg County would offer $315 million in tax incentives over 25 years to a $2.5 billion coal-to-liquid plant. I suggest it’s not Governor Ernie Fletcher’s job to protect Peabody share holders with my tax dollars. If I want to invest in Peabody Energy Corp., I’ll do it in the free market and Governor Ernie Fletcher and all his pals in Frankfort are free to do the same. How can this Governor, in good conscience, even think about subsidizing Peabody Energy Corp. with our tax dollars when people in Pike County, Kentucky still have to carry water in 5 gallon buckets? If Peabody Energy Corp. is so hard up for money, the Governor might consider giving Peabody some of the money he has in his secret legal defense fund!!!!
Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ June 15, 2007 ESPN COVINGTON, Ky. -- Two owners of Preakness winner Curlin have been indicted by a federal grand jury, charged with conspiring to commit wire fraud in representing more than 400 people in a lawsuit over the diet drug fen-phen. Shirley A. Cunningham Jr., 52, and William J. Gallion, 56, along with another Lexington, Ky.-based lawyer, Melbourne Mills Jr., 76, could be sentenced to as much as 20 years in prison if convicted. The grand jury also demanded that the lawyers give up $46 million in misappropriated funds and more than $21 million in fees put in a charitable fund. Cunningham and Gallion have a 20 percent ownership interest in Curlin, and were in the winner's circle when the 3-year-old colt won the Preakness on May 19. They were the original owners, purchasing Curlin for $57,000. But after the colt won his first career start in February, the lawyers sold an 80 percent interest for a reported $3.5 million to Jess Jackson, founder of Kendall-Jackson wines; Satish Sanan's Padua Stables, and George Bolton, an investment banker. Curlin finished third in the Kentucky Derby and second in the Belmont Stakes. Angela Ford, an attorney who represents more than 440 people in a civil case against the three lawyers, said she is also seeking the lawyers' stake in Curlin to pay off the money the attorneys are accused of bilking from their clients. The three were already found to have defrauded clients in the $200 million fen-phen settlement and were temporarily suspended from practice. Mills' attorney declined comment Thursday. Cunningham also declined comment Thursday, and Gallion could not be reached. A Boone County Circuit Court senior judge found last year in the civil case that the lawyers had breached their duties. In April, he said they would have to repay up to $64.4 million they misappropriated, minus legitimate expenses. Judge William Wehr found that Cunningham, Gallion and Mills paid themselves millions more than what they were owed, more than $20 million apiece. The 440 plaintiffs collected about $74 million of the $200 million settlement. Cincinnati lawyer Stan Chesley negotiated the settlement. He was not charged in the indictment, and his lawyer, Frank Bentley IV, has said Chesley wasn't a grand jury target. Chesley collected a fee of $20.5 million, which the plaintiffs said was $7 million more than he should have been paid.
Hillbilly Report Glendale, Kentucky http://www.hillbillyreport.com/ June 14, 2007 I Just Wanna Say By Jim Anderson Stivers FRANKFORT — Former state highway engineer Sam Beverage, the final defendant in the lengthy state hiring investigation, pleaded guilty this week to one count of misdemeanor official misconduct. He is scheduled to be sentenced on June 29th. Looks like Mr. Sam Beverage is going to need a drink. Beverage recently made his plea bargain with states attorney Larry Clevland in order to avoid the charge of perjury, and that is a serious felony. Now Mr. Beverage wants to “spill his guts”, as the old boys say, and tell all he knows about road contracts and the asphalt people. I wish luck to Mr. Cleveland and Mr. Beverage. Highway contractors are and have been the largest donors to both the Democrats and Republicans for years and years. If anything, at all,comes of this it sure won’t be through Attorney General Greg Stumbo. He has to reintroduce himself as a loyal Democrat and will need money for his next political jaunt. It has been said his next stop is a run for the Senate against Mitch McConnell. Since the AG has so many years in the political arena and has for years received (legal) money from the blacktop people for his various campaigns, I question if he can be aggressive in his efforts. Because of their large sums of money and the fact they play both the D and R card, what political group wants to KNOCK THE ROAD KINGS CROWN OFF?