McClendon, Ward in WSJ

In two separate stories, the WSJ reported on two owners of the Sonix, our good friends Aubrey McClendon (here) and Tom Ward (here).

The McClendon story is nothing altogether shocking - shareholders of Chesapeake are furious about McClendon's pay package, which is quite reasonable considering the performance of the company's stock in the past six months.

The Ward story concerns SandRidge Energy's sale of more than 15 million shares, including 3 million belonging to Mr. Ward himself, at a discount. This comes on the heels of the compay's announcement of a $1.3 billion first-quarter asset write-down due to crappy natural gas prices.

And, after reading all of that, you are free to bang your head against the desk whilst bemoaning fate ..... now.