Love her books. I hope she does one about the Sears disaster. I'd love to learn the real story behind the Sears debacle and she does the investigation and then explains things in a way I can understand in an interesting way.
Well done!! To me she wasn't talking too fast because I was quite knowledgeable about the subject already, but for average listeners who haven't thought about these issues and read enough about all the interconnected pieces of the puzzle, they may need to pause and rewind a lot and learn as they go. She is amazing and so well self-educated on many world issues outside her initial financial arena of expertise. She should be a presidential and CFR advisor if she isn't already.
2008, McClendon was notified that his shares were no longer valuable enough to back a margin loan[19] with Goldman Sachs and other banks. In response, McClendon was forced to sell a majority of his 31.5 million shares, comprising 94% of his stake in Chesapeake and 6% of the company.[10][20] The following year, Chesapeake offered McClendon a five-year retention contract, including a $75 million bonus.[9] In 2011, Forbes called McClendon "America's most reckless billionaire" in a cover story on his career. The profile noted his high risk tolerance and cited the sale of his shares in 2008 as a reckless move.[21] The same year, the magazine named McClendon to its 20-20 Club, comprising the eight CEOs of public companies who had delivered annualized returns of more than 20% over a 20-year period.[22]McClendon dismissed those who described him as a risk-loving wildcatter. "If I wanted to always do the most popular thing, then I’d be a follower," he said in 2012. "The funny thing is that I don’t consider myself a gambler at all. A gambler is somebody who just closes their eyes and rolls the dice. We don’t do that".[19] Chesapeake continued to grow its gas production under McClendon from 5 million to 2.5 billion cubic feet per day from 2009 to 2013.[23]Chesapeake's discovery of large reserves of natural gas was reported to have helped reduce natural gas prices to consumers in the U.S.[7] In a 2012 opinion piece discussing the development of the domestic oil and natural gas industry of the U.S. in the first decade of the 21st century, the former United States Secretary of Energy and Houston mayor Bill White described McClendon as "at the forefront of those heroes" of the American natural gas industry.[24]
According to allegations reported in Reuters in April 2012, McClendon took out more than $1 billion in personal loans, to finance drilling costs, from firms that were lenders to Chesapeake. This raised the potential for conflicts of interest and prompted questions on the corporate governance and business ethics of Chesapeake's senior management.[25]
It's not, you're poor. And not just you, waaaay more people than you realise are poor. Inflation adjusted price of oil is waaaay down. But so is your wage
Bethany has aged about 2 years since Enron, which was now 17 years ago.
Creepy comment
Love her books. I hope she does one about the Sears disaster. I'd love to learn the real story behind the Sears debacle and she does the investigation and then explains things in a way I can understand in an interesting way.
Well done!! To me she wasn't talking too fast because I was quite knowledgeable about the subject already, but for average listeners who haven't thought about these issues and read enough about all the interconnected pieces of the puzzle, they may need to pause and rewind a lot and learn as they go. She is amazing and so well self-educated on many world issues outside her initial financial arena of expertise. She should be a presidential and CFR advisor if she isn't already.
When beauty correlates with brains you have Bethany McLean
For sure she's a total babe who can talk about a wide range of topics.
Don't forget Pawn Stars Lil'Darling, Rebecca! ;)
Great presentation . . . I learned quite a bit--REALLY QUICKLY! One more piece of the puzzle.
2008, McClendon was notified that his shares were no longer valuable enough to back a margin loan[19] with Goldman Sachs and other banks. In response, McClendon was forced to sell a majority of his 31.5 million shares, comprising 94% of his stake in Chesapeake and 6% of the company.[10][20] The following year, Chesapeake offered McClendon a five-year retention contract, including a $75 million bonus.[9]
In 2011, Forbes called McClendon "America's most reckless billionaire" in a cover story on his career. The profile noted his high risk tolerance and cited the sale of his shares in 2008 as a reckless move.[21] The same year, the magazine named McClendon to its 20-20 Club, comprising the eight CEOs of public companies who had delivered annualized returns of more than 20% over a 20-year period.[22]McClendon dismissed those who described him as a risk-loving wildcatter. "If I wanted to always do the most popular thing, then I’d be a follower," he said in 2012. "The funny thing is that I don’t consider myself a gambler at all. A gambler is somebody who just closes their eyes and rolls the dice. We don’t do that".[19]
Chesapeake continued to grow its gas production under McClendon from 5 million to 2.5 billion cubic feet per day from 2009 to 2013.[23]Chesapeake's discovery of large reserves of natural gas was reported to have helped reduce natural gas prices to consumers in the U.S.[7]
In a 2012 opinion piece discussing the development of the domestic oil and natural gas industry of the U.S. in the first decade of the 21st century, the former United States Secretary of Energy and Houston mayor Bill White described McClendon as "at the forefront of those heroes" of the American natural gas industry.[24]
Fascinating presentation and discussion. She’s sharp 👌🏻
Outstanding lecture
She has aged really well. loved her from the Enron documentary.
According to allegations reported in Reuters in April 2012, McClendon took out more than $1 billion in personal loans, to finance drilling costs, from firms that were lenders to Chesapeake. This raised the potential for conflicts of interest and prompted questions on the corporate governance and business ethics of Chesapeake's senior management.[25]
Abundance of oil, yet why the fuck is gas still so expensive?!?!
It's not, you're poor. And not just you, waaaay more people than you realise are poor.
Inflation adjusted price of oil is waaaay down. But so is your wage
@@sandworm9528 You have no idea what, or how much money I have troll. Do not presume things about strangers on the internet
"Right, right, right, right now"
Awesome
love me some Bethany McLean
Bethany, could you possibly slow down? you are talking so fast, gave me a headache.
Bethany, there's only one political issue: INDEPENDENT 9-11 INVESTIGATION.
Why are you too ignoring the white elephant?