Aubrey McClendon: Fracking's Cowboy Rides Again
By Christopher Helman for Forbes Magazine
America's wildest wildcatter, Aubrey McClendon, found new life â and new billions â after his spectacular plunge from the top of the oil game. Trouble has already come calling.
In early 2013, during his last days as CEO of Chesapeake Energy's McClendon was one busy guy. Chesapeake's board gave him the boot following a litany of accusations about his rampant conflicts of interest, lavish perks, reckless bets and failure to disclose that he had personally borrowed around $1 billion, some from Chesapeake's own lenders.
But before leaving the building, McClendon allegedly gave himself a parting gift. According to a lawsuit filed by Chesapeake in February, he had his assistant print out highly sensitive maps of oil and gas prospects in Ohio's natural-gas-rich Utica shale formations, and he e-mailed more proprietary and valuable information to his private account ...
READ REST OF STORY:
Aubrey McClendon: Fracking's Cowboy Rides Again
MCCLENDON'S RECKLESS HISTORY: HUR HERALD STORIES
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CHESAPEAKE'S MCCLENDON GETS $75 MILLION BONUS - Reward Comes After Stock Hits Bottom
CHESAPEAKE ENERGY CEO 'THROWN' OUT - McClendon Called State "Judicial Hellhole"
CHESAPEAKE ENERGY CLAIMS FORMER CEO MCCLENDON STOLE TRADE SECRETS - Company Gave McClendon $75 Million Bonus Before Ousting
CHESAPEAKE ENERGY BACKING OUT OF WV?
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