Domain: tiger-web1.srvr.media3.us $WLL Whiting Petroleum Bankruptcy | Page 2 | Money Talk
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re: $WLL Whiting Petroleum Bankruptcy

Posted on 4/1/20 at 7:02 pm to
Posted by LSUFrosty
Member since Jan 2012
1861 posts
Posted on 4/1/20 at 7:02 pm to
So, I should have dumped my CPE stock today?
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 4/1/20 at 11:11 pm to
More deets on the bonuses...Holly is getting $6.4MM! Unfrickingbelievable:



LINK
Posted by molsusports
Member since Jul 2004
37340 posts
Posted on 4/1/20 at 11:26 pm to
I've been kinda surprised not even one nonprofit or investor advocate has seriously lobbied for criminal penalties for negligent board members (in this case obviously allowing substantial bonuses to executives of a business going bankrupt but in other cases for giving massive bonuses for mediocre results).

I guess there's just not been enough focused attention by investors to get something done. That or executives with too much influence over politicians.
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 4/2/20 at 8:46 am to
I don’t believe you could make a criminal case...what’s more likely and common are derivative lawsuits - civil suits seeking to reverse Corp decisions, collect damages.
Posted by Enfuego
Uptown
Member since Mar 2009
9965 posts
Posted on 4/2/20 at 11:48 pm to
Skilling has been on point the last few days.
Posted by castorinho
13623 posts
Member since Nov 2010
87095 posts
Posted on 4/3/20 at 6:49 pm to
Just watched part of today's round table. So much dick sucking


In other news oxy's cfo "will transition to another role." replacement is internal
Posted by cwill
Member since Jan 2005
54755 posts
Posted on 4/4/20 at 8:14 am to
Is skills a guy or a girl in your opinion? I’ve argued his sense of humor is too gen x dude to be a girl. Plus he’s an IB analyst which is about 99.9% bro.
Posted by Enfuego
Uptown
Member since Mar 2009
9965 posts
Posted on 4/5/20 at 10:26 pm to
I heard a rumor he’s an ex TPH equity research / IB guy in his mid 30s.
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