Bumpy Road Continues for Chesapeake Energy

An update of the ongoing story about Chesapeake Energy and the disclosure that CEO Aubrey McClendon’s has borrowed over $1 billion to help cover drilling costs. Chesapeake’s stock has taken a hit, down 25 percent this month, heading for what may be its worst monthly performance since the global financial crisis in 2008 when the company’s stock ultimately slide 38 percent in a single month.

Energy analysts are at best nervous about the current situation:

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