Thread regarding Chesapeake Energy Corp. layoffs

Finally!

Fantastic article on Yahoo Finance today for all you AKM fans. Trust me when I say they barely scratch the surface. I think it’s a great piece on what people who live outside OKC really think.

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Post ID: @120eFJ4Z

14 replies (most recent on top)

I have no doubt Aubrey would be governor; another gig for him to abuse for his personal benefit. The movie will be so great when somebody writes a “tell all” account of this mans real “business” acumen.

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Post ID: @120eFJ4Z-5ocu

Pull your heads out. He ruined the industry. He gambled his employees’ future and the city’s future due to his arrogance. He put Olympic rowers on the payroll, he borrowed against the company assets - constantly - and you are too blind to see it? All billionaires are shady? Oooookay, justify it. Each year we had to sign a form claiming we didn’t have a ethics violation....so that’s cool, huh? Employees have to play by the rules but he didn’t? Sure, he gave a lot back to the community...but what bills weren’t being paid?

Even during the boom - CHK wasn’t making money. Read through the former CFO’s comments on the financials. Ever wonder why he bailed?

On top of...now there are a ton of people in the unemployment lines that either don’t have skills that translate outside of this industry OR won’t ever find a job making what they made at CHK. The employees buying big houses, nice cars, and creating what is now an unsustainable lifestyle will have to make hard choices. Good luck selling your houses, cutting back on extras and everything else - if you think the industry will ever come back - keep dreaming. Oil and gas is dead thanks to your genius ‘billionaire’.

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Post ID: @120eFJ4Z-3mgr

Aubrey would be governor of Oklahoma today if natural gas prices didn’t crash. Say what you will, but he took care of his employees and the city.

Yeah, finances have been rough the last 10 years, but what other domestic oil and gas isn’t in basically the same boat?

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Post ID: @120eFJ4Z-1njj

Robbing people of billions so you can employ a few thousand people for 10 years and make OKC a little nicer does not make you a hero. And if you think he had a positive impact on the oil and gas business, then you aren't paying attention to financial statements of shale-players, or you're one of the anti-OPEC lunatics.

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Post ID: @120eFJ4Z-1fgx

there isn't a billionaire (alive or dead) who hasn't done some shady stuff...by shady i mean illegal, immoral, etc...you don't get that rich by being a choir boy

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Post ID: @120eFJ4Z-1tne

It seems this is part I out of III

https://finance.yahoo.com/news/the-rise-and-fall-of-aubrey-mc-clendon-the-businessman-who-changed-american-energy-forever-135530411.html
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Post ID: @120eFJ4Z-1kni

Everyone has made illegal mistakes. Speeding? That takes care of everyone that has driven a car. Illegal is illegal.

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Post ID: @120eFJ4Z-1fun

Facts say otherwise.

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Post ID: @120eFJ4Z-1xyt

He was 100 times the man and business man as the clowns running the place now

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Post ID: @120eFJ4Z-1exe

“He made mistakes” I mean highly illegal but it’s The messiah so he gets a pass. You do realize people have lost it all because of his Ponzi scheme?

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Post ID: @120eFJ4Z-1ijp

If it wasn’t for Aubrey there would never have been a CHK and the same for other companies. He was aggressive regarding land deals and seeing beyond his nose. Yes he made some mistakes as everyone does. He hired many employees and probably too many but he wanted everyone to be successful and well paid.

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Post ID: @120eFJ4Z-1hhu

Meh?! Your one of those that still thinks he’s Jesus I’m guessing. I’d bury my head in the sand also, if the article made me look like a fool due to my blind following of a “David Miscavage” type character.

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Post ID: @120eFJ4Z-1bmm

And why do we care what people outside of Oklahoma think of him? Yeah, we don’t. He did a hell of a lot better job at running this place than the current crooks.

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Post ID: @120eFJ4Z-1wzw

meh..

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Post ID: @120eFJ4Z-nqt

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