Chesapeake liquidates assets as demand falls

Full story: News 9 Oklahoma City

Monday was a historic day on Wall Street, after investors welcomed the biggest one-day point gain ever by closing the DOW more than 900 points.
Comments
1 - 5 of 5 Comments Last updated Oct 19, 2008
Brett

Piedmont, OK

#1 Oct 14, 2008
Fire Sale.
Kevin

Oklahoma City, OK

#2 Oct 14, 2008
Hmmmm, 600 employees in just I.T. alone? I know where my axe would swing. I still get better support from the Geek Squad!
michael

Cade, LA

#3 Oct 14, 2008
Greed. People get what they deserve.
custard

Fort Worth, TX

#4 Oct 17, 2008
once agin you see people working as theCEO's of a comsny taking their shares,csahing out and getting ready to jump ship. what is going to happen to the laborers?? just like i have said before there will be no getting away from foreign oil or natural gas, or eventually going to alternative fuel resourcesbe cause of the happenings taken by cheasapeake energy. All OPEC has to do is either increase the or decrease oil production and cause our enconomy to go up or down to create an economic crisis in our nation and the world. Did not oil start our economic down fall. prices went to high did they not, look what happened, fuel clothing building materials,and food priceswent sky high, thealong came the housing crisis. the cost of fuel took too much out of of our wallets leading to an early collapse of the building industry, which then lead to the crisis on WALL STREET. is this not what happened. plus some negelience in the govrment, no oversight on wall street!!!!
AHa

Oklahoma City, OK

#5 Oct 19, 2008
seems like there Will be a hostile Takeover.and when this happens there will be no need for the OKC Office.

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