Aubrey McClendon, the beleaguered C.E.O. of Chesapeake Energy, stepped down this week from the company he founded 30 years ago.
His departure marks the culmination of months of spiraling losses for the company. Chesapeake Energy lost more than a billion dollars in the first three quarters of last year alone.
Officials are investigating whether McClendon violated federal antitrust regulations when he tangled his personal investments with the company's.
Russell Gold is an energy reporter for the Wall Street Journal.