Carl Icahn Toadie Resigns from Chesapeake Energy Board

I QuitLast week MDN told you that evil corporate raider Carl Icahn has thrown in the towel with respect to ever making money from Chesapeake Energy. He recently sold off half his Chessy stock (see Corp Raider Carl Icahn Sells Half of His Chesapeake Stock). When Carl had amassed enough stock, he used his position (as evil corporate raiders do) to fire the co-founder and CEO of Chesapeake, Aubrey McClendon (see Breaking: Chesapeake Energy CEO Aubrey McClendon Gets Pink Slip). He did so by installing his own toadies on the board. His direct representative on the board was John Lipinski. A week after Carl sold half his shares in Chesapeake, Lipinski resigned from the board. Good riddance…

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