Bankruptcy Is a Jackpot for CEOs Helming Failed Oil Companies

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Jun 04 2020, 5:00 PMJun 04 2020, 8:45 PMJune 04 2020, 5:00 PMJune 04 2020, 8:45 PM

(Bloomberg) -- For Whiting Petroleum Corp. Chief Executive Officer Brad Holly, filing for bankruptcy had at least one perk: a $900,000 pay raise.