Thread regarding Chesapeake Energy Corp. layoffs

Dale and Traci Cook leave the company. More VPs hit the exit with more to come. This is the "new" CHK

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Post ID: @OP+x4KtrzJ

25 replies (most recent on top)

New dumbest post ever. Congratulations. Let's see if you can keep outdoing yourself.

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Post ID: @aXyQ+x4KtrzJ

Hey, 29664, suck my cock you stupid f***. So, let's see you post something intelligent. You're just a laid off moron still crying about the layoff. I bet you can't even spell you dumbass motherfucker. Go get your unemployment check out of the mailbox and choke your chicken. Oh, sorry, I forgot ... you can't get a boner anymore because you're such a weak dick.

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Post ID: @aGGw+x4KtrzJ

Dumbest post ever.

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Post ID: @9XO1+x4KtrzJ

CHK IS ON LIFE SUPPORT, AND HAS BEEN SINCE DAY ONE. AUBREY GOT RICH USING OPM ("OTHER PEOPLE'S MONEY") AND THE CURRENT REGIME IS DOING THE SAME. I DOUBT CHK WILL EVER PAY BACK ALL OF THE CURRENT OUTSTANDING LOANS THAT ARE STILL NORTH OF $15B. THE COMPANY IS HEADING QUICKLY TO THE BONE HEAP OF FAILED O&G COMPANIES.

BANKS KEEP GIVING THEM LOANS BECAUSE ... GUESS WHY? THERE ARE ALWAYS SUITCASES FULL OF $100 BILLS KICKED BACK TO THE OTHER SIDE OF TABLE AT BIG MONEY CLOSINGS. EVERYBODY KNOWS THAT.

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Post ID: @9a62+x4KtrzJ

I called Eap. They told me to go F*** off

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Post ID: @5Pw6+x4KtrzJ

Then call HR and have them try to resolve that problem rather than just complaining about then all the time.

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Post ID: @4IdX+x4KtrzJ

My supervisor does not allow me to go to any training.

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Post ID: @2If5+x4KtrzJ

No you don't. It's not like your solving world peace or something. If you really wanted to, you would put the effort into learning how. Have you gone to the 10-K training CHK offers? I'm pretty sure that I know the answer.

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Post ID: @2fBG+x4KtrzJ

I wish I could understand the financial data better.

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Post ID: @2FAI+x4KtrzJ

Try reading the financial statements. You'll see see the restatements. It's all public.

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Post ID: @13rw+x4KtrzJ

What area can I see the misstatements?

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Post ID: @1JgH+x4KtrzJ

One's a legal term. One's just a total f-up that is unacceptable in any business the size and maturity of CHK.

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Post ID: @1HLb+x4KtrzJ

What is difference between material and significant misstatements?

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Post ID: @1c2l+x4KtrzJ

No arguments here. But that doesn' excuse management negligence. It is ultimately their responsibility to get it right.

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Post ID: @1tmq+x4KtrzJ

We should fire our auditors then!

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Post ID: @1GGu+x4KtrzJ

Basically anything other than historic CHK.

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Post ID: @19ch+x4KtrzJ

What is "normal" for a company?

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Post ID: @1Ts0+x4KtrzJ

OK, there's a class at CHK. Talks about how to read our financial statements. Take it! Then you'll be able to go back and see all the restatements that we've had to make. There's a lot, many more than what is normally acceptable for a company the size of CHK.

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Post ID: @10nT+x4KtrzJ

What significant misstatements? ?

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Post ID: @1miI+x4KtrzJ

Anyone who asks what near-miss is being referred to must have AKM's dick so far down their throat that it is somehow blocking their ability to hear anything from the real world. Between the emergency loans, fire sales, significant financial statement misstatements, spills, fines, regulatory actions, investigations, lawsuits, etc, etc, CHK should be bankrupt and long gone. None of these things are normal or acceptable in a company that is well managed and has an interest in long term survival.

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Post ID: @1TkH+x4KtrzJ

Well F***. Why didn't you say so!

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Post ID: @1Xm1+x4KtrzJ

Company insolvency. i.e. emergency Goldman Sachs $4B loan acquired on a Friday afternoon back in Spring 2012 leading to ultimately us selling the Permian asset for $4B at a fire sale price that same year. Hell we were so levered and still are that we could barely buy a big screen at Aaron's with our credit then...

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Post ID: @LPn+x4KtrzJ

What was the "near-miss" you are referring to?

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Post ID: @uTy+x4KtrzJ

I don't get why people are so upset that these people are leaving. They comprise the "leadership" team that presided over one of the biggest near-miss disasters in Oil and Gas history. Good riddance!

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Post ID: @bK4+x4KtrzJ

Cutting overpaid salaries and bonuses. I don't care how you word it "they didn't get fired, they resigned on their own".

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Post ID: @Cqf+x4KtrzJ

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