
Last week, Chesapeake Energy – the once-proud natural gas giant that's now a shell of what it was during its raging Ponzi scheme days – announced it laid off another 15% of its staff. According to The Oklahoman_, most of the layoffs – 220 total – affected the Oklahoma City campus.
Back in the good old days, when Chesapeake layoffs were still a big breaking news item that we'd scoop the local media on, we'd follow RIF reports by playing a game of Hate The Rich, and take a sneering peek at Chesapeake CEO Doug Lawler's opulent Oak Tree mansion. We did this because it's always fun to point out that while Chesapeake was struggling and people were losing their jobs, the privileged elites who ran the company were still making out like bandits.
