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Behind a $550 Million Bad Bet: A Mystical Man With Ambition.

Authors :
Pottinger, Matt
Prystay, Cris
Cui Rong
Chen, Kathy
Zhu, Ellen
Source :
Wall Street Journal - Eastern Edition. 12/6/2004, Vol. 244 Issue 110, pA1-A12. 0p. 1 Black and White Photograph.
Publication Year :
2004

Abstract

Focuses on the performance of Chen Jiulin as the CEO of China Aviation Oil (Singapore) Corp. and discusses the events which led the company to lose $550 million on oil derivatives. Appointment of Jiulin as the CEO of the firm; Success of the company under his leadership; Efforts of the firm to seek protection from creditors after losing millions by betting against oil prices. INSETS: Troubled Position;Rise and Fall.

Details

Language :
English
ISSN :
00999660
Volume :
244
Issue :
110
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
15250503