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January 29, 2013 – Comments (2) | RELATED TICKERS: CHK


I never thought  I'd  see  the day  where  Audrey   Mcclendon gets  removed  ~   good riddance...

 IT  only  took  his  near  destruction  of   his own  personal fortune  as  well as  those who  invested  in  CHesapeake  for  it  to happen  ~   along  with  several  other billionaire activist investors  who managed  to replace  several  board  members...

Is  he  fired  ???   nope...  he  gets  a  golden parachutte  out....    but  man  its good to read  he's  gone.

 Stock  jumps  10% in  after hours  trading.

Never  have  I seen someone  who  blurred  the line  between  what  was  his  and what was  the  corporations.

To  sum  it  up  imagine  if  you went into business with  your  neighbor  and  you noticed him  going into the cash  drawer and  pulling money out to go to the strip  club  every day  and  you weren't  invited.

SHESH....    A  M  how  much  do  we  have  to pay  you to just  do  your  job  BTW    omg  how   P  poor  it's been  done when  you consider   the  stock  price  of when  I  got in and what it is now...

 Lets not mention  the  forced selling because he  decided to own  his  shares  on  margin.

Glad  the  investigation  found  nothing  wrong  in  your conduct,  but  come on man seriously...

 You blurred  the lines...  as  if  you owned  100%  of  the company ??   you did IPO  it....

Yet  you   ran  it   as  if   no one else  did...


GOOD  RIDDANCE>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

 TRy  not to take any staplers  or   assets  on  the way out.... please...


2 Comments – Post Your Own

#1) On January 30, 2013 at 6:00 PM, awallejr (51.80) wrote:

He is the poster child for greedy CEOs.  Kenneth Lewis formerly CEO of BAC is the poster child for the most incompetent CEOs.

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#2) On March 21, 2013 at 11:32 AM, L0RDZ (88.53) wrote:

IN my  estimate   KEn  will  always  be  known  as  the  CEO  who  got  busted   for   smoking   Ganja  while  discussing  with that  other  BUFFOON  who was  the CEO  of  Merril  Lynch...    than  realized  the  world   they  created  was  about  to  come  to   an  end...   

Suddenly  after  years  of   chasing  and  trying to chort  and  purchase   acquire  Lynch,   someone  apparently  tells  him  hey maybe  it's  not   smart.

The  rest is   history,   it  just depends on  who's  lie  you  gonna believe.


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