Chesapeake Energy: Could This Be the Next Enron?

Friday, May 04, 2012

This week, Chesapeake Energy CEO and billionaire Aubrey McClendon is coming under fire for potential conflicts of interest after a Reuters report found he oversaw a hedge fund that traded natural gas futures while he served as chairman and CEO of America’s second largest natural gas company. It’s been a decade since the Enron scandal and other similar corporate governance scandals helped spur the enactment of the Sarbanes-Oxley Act. Are we better off than before Enron?

Bethany McLean is co-author of "The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron." Jeff Goodell is a contributing editor at Rolling Stone Magazine where he has been covering the Chesapeake Energy story.


Jeff Goodell and Bethany McLean

Produced by:

Shia Levitt

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