http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095 Celebrity sports gossip since 2001 Mon, 13 Feb 2012 05:35:24 +0000 http://wordpress.org/?v=2.2.1 http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74600 ChrisInSeattle Tue, 31 Mar 2009 20:27:41 +0000 http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74600 May I be the first Sonics fan to wish Mr. McClendon to burn in hell after rotting in prison... after Obama outlaws being a douche. May I be the first Sonics fan to wish Mr. McClendon to burn in hell after rotting in prison… after Obama outlaws being a douche.

]]> http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74570 Frustrated Thunder Fan Tue, 31 Mar 2009 16:02:49 +0000 http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74570 Can't wait until the Ford Center -- even with the 'remodel' -- is obsolete. I may not have to wait that long... Can't wait until the Ford Center — even with the 'remodel' — is obsolete. I may not have to wait that long…

]]> http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74567 SmackemReturns Tue, 31 Mar 2009 15:13:38 +0000 http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74567 Vito makes a good point.  Brooks, McClendon had massive margin calls when his stock fell from the mid 70s into the 20s, he was the largest single stock holder in CHK showing his support for his own company (which few do).  He was a forced seller due to these calls, a lot different that proclaiming 'sold his shares right before the stock collapsed' Vito makes a good point.  Brooks, McClendon had massive margin calls when his stock fell from the mid 70s into the 20s, he was the largest single stock holder in CHK showing his support for his own company (which few do).  He was a forced seller due to these calls, a lot different that proclaiming 'sold his shares right before the stock collapsed'

]]> http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74563 Vito Tue, 31 Mar 2009 14:28:11 +0000 http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74563 You got some facts wrong. McClendon didn't voluntarily sell his stock; he lost about 94% of it because of margin calls. Also, this isn't a cash bonus. It's a credit against future costs he'll incur participating in wells with Chesapeake. This bonus still seems excessive for a CEO whose company's stock plummeted in value. But the real story is interesting enough. You don't have to omit facts to make it better. You got some facts wrong. McClendon didn't voluntarily sell his stock; he lost about 94% of it because of margin calls. Also, this isn't a cash bonus. It's a credit against future costs he'll incur participating in wells with Chesapeake. This bonus still seems excessive for a CEO whose company's stock plummeted in value. But the real story is interesting enough. You don't have to omit facts to make it better.

]]> http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74562 BoomTownBiloxi Tue, 31 Mar 2009 14:05:38 +0000 http://www.sportsbybrooks.com/thunder-owner-gives-himself-a-75-million-bonus-23095#comment-74562 wow, big bonus, but with a reason. wow, big bonus, but with a reason.

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