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Started By
Message
Former CHK CEO charged with conspiracy yesterday, dies in car crash today
Posted on 3/2/16 at 2:00 pm
Posted on 3/2/16 at 2:00 pm
12
Posted on 3/2/16 at 2:02 pm to TigerTatorTots
Just saw this on the news...I vote suicide.
Lost the company he founded a couple years ago and his current venture AEP is a complete mess with rumors swirling that he was sideways with his main backer, Raymond, and he was being sidelined and AEP was essentially done.
Lost the company he founded a couple years ago and his current venture AEP is a complete mess with rumors swirling that he was sideways with his main backer, Raymond, and he was being sidelined and AEP was essentially done.
Posted on 3/2/16 at 2:03 pm to TigerTatorTots
Has to be suicide. Pride and Greed.....pretty sad.
Posted on 3/2/16 at 2:07 pm to TigerTatorTots
Sounds like suicide to me. Man that's rough.
Posted on 3/2/16 at 2:09 pm to TigerTatorTots
Damn. I followed CHK a good bit probably right up until he resigned/was removed as the CEO. Some interesting stories about the money he spent - map collection, wine collection, etc.
Sounds like a suicide.
Sounds like a suicide.
Posted on 3/2/16 at 2:09 pm to Enfuego
quote:
vehicle bursts into flames.
quote:
Sounds like suicide to me. Man that's rough.
quote:
Enfuego
Looks suspect
This post was edited on 3/2/16 at 2:10 pm
Posted on 3/2/16 at 2:10 pm to TigerTatorTots
99.9% suicide.
Just heard them say he essentially drove straight into a wall. Very sad.
Just heard them say he essentially drove straight into a wall. Very sad.
Posted on 3/2/16 at 2:13 pm to TigerTatorTots
yeah he killed himself
Posted on 3/2/16 at 2:17 pm to TigerDeBaiter
quote:
Just heard them say he essentially drove straight into a wall. Very sad
Heard he was doing about 40 over the posted speed limit. I know he's got some property out that way. I never dealt with him much while I was at CHK. Sad, strange news today.
Posted on 3/2/16 at 2:35 pm to BROffshoreTigerFan
Met him once in NY. Would love to read a book about his last thirty years. Between the Chesapeake early days, Tom Ward, his AEP dealings, and the shale gas period it would be pretty interesting. Also it's not surprising that Sandridge is the other company listed in the indictment handed down yesterday.
This post was edited on 3/2/16 at 2:38 pm
Posted on 3/2/16 at 2:35 pm to BROffshoreTigerFan
Wow. I refuse to believe it was suicide.
Posted on 3/2/16 at 2:40 pm to yellowfin
If you have access to a car, why would you choose that method? What if you live and then burn to death in the fire? Why wouldn't you just run a hose, kick back and breathe deep?
Posted on 3/2/16 at 2:44 pm to TigerTatorTots
His charges carried a maximum of 10 years in prison, which means he would likely have little to no jail time. Fishy situation.
Posted on 3/2/16 at 2:46 pm to Enfuego
quote:
His charges carried a maximum of 10 years in prison, which means he would likely have little to no jail time. Fishy situation.
The charges were pretty weak in regards to the Feds using the Sherman act here and for all the previous times he was sued and faced turmoil. What this likely does foreshadow is that AEP is in much more trouble than people know about.
Posted on 3/2/16 at 2:49 pm to Enfuego
And their stock has gone through the roof today. Is that simply because of the arbitration?
And why was he driving a 2013 Tahoe? I realize he was on sort of hard times but dude was RAF...
And why was he driving a 2013 Tahoe? I realize he was on sort of hard times but dude was RAF...
Posted on 3/2/16 at 2:52 pm to STLhog
quote:
And why was he driving a 2013 Tahoe? I realize he was on sort of hard times but dude was RAF...
He was driving a NGV Tahoe as of a few years ago in support of natural gas as a transportation fuel. I'm betting this is one of those NGV Tahoes.
Posted on 3/2/16 at 2:54 pm to TigerDog83
quote:
He was driving a NGV Tahoe as of a few years ago in support of natural gas as a transportation fuel. I'm betting this is one of those NGV Tahoes.
Gotcha. I guess someone has to help consume all those reserves.
“He pretty much drove straight into the wall,” Balderrama said. “The information out there at the scene is that he went left of center, went through a grassy area right before colliding into the embankment. There was plenty of opportunity for him to correct and get back on the roadway and that didn’t occur.”
Posted on 3/2/16 at 3:24 pm to TigerTatorTots
Possibilities:
1) Suicide
2) Drunk
3) Not paying attention until too late
4) Car malfunction as in he lost his ability to steer
1) Suicide
2) Drunk
3) Not paying attention until too late
4) Car malfunction as in he lost his ability to steer
Posted on 3/2/16 at 3:27 pm to LSUFanHouston
quote:
Possibilities:
1) Suicide
2) Drunk
3) Not paying attention until too late
4) Car malfunction as in he lost his ability to steer
At 40 over the speedlimit in what looks like a 55-60 zone, thats prety close to a tahoe being floor boarded I would think.
Can probably cross out options 3/4. you'd assume SOME kind of correction if it was a texting thing or something and also no reason to drive 100+.
Guess it doesn't matter unless more comes out but it looks fishy.
Posted on 3/2/16 at 4:12 pm to STLhog
quote:
At 40 over the speedlimit in what looks like a 55-60 zone, thats prety close to a tahoe being floor boarded I would think.
A Tahoe's top speed is governed at around 110....so yeah, he was pretty much going all out. Probably not wearing a seat belt.
Sad for his family.
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