STOCK MARKET WATCH -- Thursday, 3 March 2016

[Fuddnik]

1. Indicted Chesapeake Energy CEO Aubrey McClendon Dead in Car Crash

Indicted Chesapeake Energy CEO Aubrey McClendon Dead in Car Crash

by Jon Schuppe

The founder and former CEO of Chesapeake Energy — a part owner in the Oklahoma City Thunder basketball team — died in a car crash Wednesday, just a day after he was indicted by a federal grand jury for trying to rig oil prices.

Aubrey McClendon was behind the wheel of a speeding Chevrolet Tahoe that slammed into a highway embankment in Oklahoma City just after 9 a.m., police said. The car burst into flames.

The cause of the crash seems "pretty cut and dry," Oklahoma City Police Capt. Paco Balderrama said.

"He pretty much drove straight into the wall," Balderrama said, according to NBC affiliate KFOR. "The information out there at the scene is that he went left of center, went through a grassy area right before colliding into the embankment. There was plenty of opportunity for him to correct and get back on the roadway and that didn't occur."

(snip)

http://www.nbcnews.com/news/us-news/indicted-chesapeake-energy-ceo-aubrey-mcclendon-dead-car-crash-n530571