Quote Originally Posted by Pete View Post
Until their board composition changes, McClendon is under no immediate threat. If and when changes are made there, then that will be the first sign he is vulnerable.

Thus far, they have been successful selling assets to fund their operations. But clearly that is not a sustainable way to run a business.
You would think that some on the board were getting tired of defending him from shareholder uprisings. I agree with your notion, however, and his board is full of what appears to be yes-men. So its going to take something pretty dramatic for someone to finally pull the trigger.