This week, Chesapeake Energy CEO and billionaire Aubrey McClendon is coming under fire for potential conflicts of interest after a Reuters report found he oversaw a hedge fund that traded natural gas futures while he served as chairman and CEO of America’s second largest natural gas company. Bethany McLean is co-author of "The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron." Jeff Goodell is a Contributing Editor at Rolling Stone Magazine where he has been covering the Chesapeake Energy story.
Vanity Fair business writers, contributing editors Bryan Burrough, William D. Cohan, and Bethany McLean discuss the personal and professional tribulations of Jon Corzine. They spoke to friends and associates of the embattled former Goldman C.E.O. and New Jersey governor to examine the private demons and blind ambition that led Corzine to the MF Global scandal. Their article “Jon Corzine’s Riskiest Business” is in the February issue of Vanity Fair. The paperback release of William Cohan's latest book, Money and Power: How Goldman Sachs Came to Rule the World, is out today.
Bethany McLean, contributing editor at Vanity Fair and co-author with Joe Nocera of All the Devils Are Here: The Hidden History of the Financial Crisis, discusses the book, Wall Street, the S&P and the continuing financial woes in the U.S.
Business journalists Bethany McLean and Joe Nocera discuss the many problems that helped bring down the economy. The full story is like the legend of the blind men and the elephant—almost everyone has missed the big picture, and almost no one has put all the pieces together. Their book All the Devils are Here: The Hidden History of the Financial Crisis goes back several decades to explore the complex, hidden history of the financial crisis.