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British military aircraft carried out their first airstrikes against ISIS positions in Iraq today, Britain's defense ministry said. Erin Burnett has the latest.
April 30th, 2012
07:33 PM ET

Could Chesapeake be the next Enron?

Billionaire Aubrey McClendon. He's the outspoken, charismatic scion of one of America's wealthiest families–and the founder of energy giant Chesapeake.

Some analysts, like Phil Weiss of Argus Research, tell OutFront Chesapeake could be the next Enron or Worldcom.


Filed under: Economy
soundoff (10 Responses)
  1. bvilleyellowdog

    The whole natural gas bubble is about to pop!

    May 14, 2012 at 12:02 pm | Reply
  2. Ann V.

    This was truly an interesting article about Chesapeake. I didn't realize. It is a bit scary that any company could be taking a path similar to Enron's. Glad for the knowledge. Thanks Erin. Excellent work!

    May 2, 2012 at 8:59 pm | Reply
  3. tony

    They all turn into Murdochs if you deregulate them enough.

    May 1, 2012 at 10:38 am | Reply
    • Jim

      All the Murdouchs are in government writing regulations!

      May 3, 2012 at 1:37 pm | Reply
  4. Dory

    Aubrey McClendon: Chesapeake Energy’s Little Problem
    By Dory Hippauf
    Connecting the Dots: The Marcellus Natural Gas Play Players–Part 6

    http://commonsense2.com/2012/05/naturalgasdrilling/aubrey-mcclendon-chesapeake-energy%E2%80%99s-little-problem/

    May 1, 2012 at 4:53 am | Reply
  5. Chico Rosado

    He should have been investigated for his role in helping steal away the Sonics from Seattle!

    April 30, 2012 at 11:32 pm | Reply
  6. kevinkatovic

    If you want erin I will invest in it when I sell out my Hercules Stock " One Day " then it will crater the likes never seen by mankind. I see no one else cares to follow your blog erin :( . I know what your thinking erin once you turn 40 erin you know the likelyhood of you having a internet stalker diminishes at a rate of 8% per year. Just saying.

    April 30, 2012 at 7:57 pm | Reply
    • esoteric1

      remember this little, unrecognized story in 2001? " Is Enron Overpriced?"
      "In March 2001, FORTUNE pointed out that Enron's financial statements were nearly impenetrable" By Bethany McLean

      May 1, 2012 at 10:48 am | Reply
      • kevinkatovic

        I will read it just remember I'm reading for 300 now

        June 26, 2012 at 2:19 pm | Reply

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