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

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.