Possible New Fraud
Anyone want to take a bet that we will find out that Centaurus and Chesapeake were trading info no way it is chance that John Arnold hangs up his spurs the say day they find out that Aubrey McClendon was also operating a NatGas hedge fund within Chesapeake. This is just too random, smart money says that Aubrey was hedging his how trades once he took a look at how Centaurus was trading with Chesapeake.
Whenever a market crashes, it seems that all the dirty laundry gets hung out, and this record NatGas low will likely be no different.
I agree.
^agreed Sucks for me Centaurus was the firm I really wanted to work for.
The hedge fund was outside of Chesapeake, it was not within the company.
a natural gas ceo starting a natural gas hedge fund hmmm....
Wow, way to connect the dots. Some big new to hit in a few months? I'm putting this in the same level of shady as MFGlobal hitting the fan and a Freeh being appointed as administrator...
I would bet John did nothing wrong. He went through Enron, Amaranth, and testified numerous times before congress. He is worth $3 billion give or take. He is genuinely interested in philanthropy. Why would he risk it? He has nothing left to prove.
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