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Staff Reports
OKLAHOMA CITY (March 25) – Chesapeake Energy co-founder Aubrey McClendon was a visionary who had trouble following the rules, according to an in-depth report by Bloomberg Businessweek.
The magazine, which is on sale now, says that McClendon pushed his way into shale drilling that “revolutionized the global energy business and made him a billionaire. His disdain for convention attracted regulatory scrutiny, angered shareholders, and cost him his job running the company he built.”
In a lengthy report by Bloomberg writers Bryan Gruley, Joe Carroll and Asjylyn Loder, the magazine tracks McClendon’s career and his last few days.
On Feb. 27, McClendon watched from his front row seat as Golden State Warriors guard Stephen Curry nailed a long three-point jump shot at the buzzer to defeat his Thunder.
Three days later, the U.S. Department of Justice announced it had indicted McClendon on criminal antitrust charges.
The next morning, “McClendon slipped his security detail and climbed into his 2013 Chevy Tahoe,” Bloomberg reports. “He drove north along a lonesome two-lane stretch of Midwest Boulevard, toward the prairie-scrub city edge. Threading a path through thick, bushy trees bordering both sides of the road, with virtually no shoulder, McClendon had little room to maneuver. He picked up speed, traveling well above the posted limit of 50 miles per hour.”
A little after 9 a.m., McClendon crashed in the concrete supports for a highway overpass. Law enforcement, the magazine states, is still investigating whether the tragedy was an accident or suicide.
To read the full Bloomberg article, click here.
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