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Chesapeake Conspiracy Revealed
Natural gas giant Chesapeake Energy, led by the now-embattled tycoon Aubrey McClendon, colluded with a competitor to keep land prices down and avoid bidding wars over lucrative energy deposits.
Tag: Aubrey McClendon
Obama’s Bad Businessmen
The president’s most famous business supporters face financial losses, scandals
A slew of left-wing business moguls are on the skids thanks to poor investment decisions, questionable judgment, and accusations of bribery and cronyism.
Nat gas tycoon $1.1B in debt
Chesapeake CEO took loan from own board member
In the wake of a damaging report that Chesapeake Energy CEO Aubrey McClendon had taken out more than $1.1 billion in personal loans over the past three years, new details have emerged showing the energy tycoon borrowed money from a member of his company’s board and failed to disclose it.