Aubrey McClendon, the CEO of Chesapeake Energy Corp, has borrowed as much as $1.1 billion over the last three years against his stake in thousands of company wells – a move that analysts, academics and attorneys who reviewed loan documents say raises the potential for conflicts of interest. The loans, […]
Uncategorized
Apple investors brace for more turbulence
Apple Inc’s results will be dissected more closely than ever next week, after a share swoon raised concerns on Wall Street that the stock’s gravity-defying rally may be losing steam. Five straight days of stock losses for the world’s most valuable company sparked fears it had ventured into dreaded bubble […]
IMF chief says has around $316 billion in funding pledges
The head of the International Monetary Fund said on Wednesday member countries had committed $316 billion toward new IMF resources to help contain the debt crisis in the euro zone. “We have commitments in excess of $316 billion and I have more in the bag,” IMF Managing Director Christine Lagarde […]

