The problem is that Aubrey didn’t just finance it with a second credit card he also used people’s investments to better himself, his family and those that would sign off on his ILLEGAL practices. The fact that some people still see this guy as a hero makes me laugh. The guy was a power hungry criminal. It’s as simple as that.
He attracted people on lies with someone else’s money. And now the current CEO has to rectify his criminal activities as well as his own issues. People don’t realize there are things about AKM that have been kept quiet by the current management out of respect. Trust me when I say that if they wanted to destroy all those sheep that still think of him as a god, they could do it instantly with a few “Aubrey truths”.
When judging the current management team (and they have many faults) we have to remember that the ONLY reason they are in such a terrible situation is because of the illegal stuff that went on before.
People will say at what point do we stop blaming AKM? That point is when the company has got rid of HIS debt and our peers stop associating CHK with our criminal past. The miserable times we are currently in is so his family could live the high life and his ego could be pampered. There isn’t a respectable business person in the country that doesn’t see that crook for what he was. And when the truth was FINALLY coming to the forefront he had an unfortunate “accident”.
We can blame Dug and the rest for the decisions they have made during their tenure but there will always be a * by their record due the terrible legacy one man created.