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Re: KnowProphet post# 6688

Friday, 06/08/2012 12:48:18 PM

Friday, June 08, 2012 12:48:18 PM

Post# of 18214
Margin call of the year $552 million margin call "When the circus first came to town
Those revelations follow an amazing 2008 circus act at the company in which McClendon, (Chesapeake Energy)who had faced a $552 million margin call that had resulted in his sale of nearly all of his shares of the company's stock, received a $75 million "well cost and incentive award" from his compliant board of directors. At the same time, obviously based purely on their fascination for the geography of yesteryear, that same board coughed up another $12 million in exchange for McClendon's antique map collection. Oy vey.
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