Wednesday, March 23, 2011

Socially Responsible Investment Firm Divests Chesapeake Energy

Chesapeake Energy (CHK)-As we stated several weeks ago, fund managers are starting to dump shares of CHK due to environmental liabilities and pollution associated with natural gas fracking. We expect this trend to continue. Carl Icahn sees the environmental liabilities coming and has been reducing his CHK position.

Socially Responsible Investment Firm Divests Chesapeake Energy.

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