[Timesink]

Think maybe this is why Ted Turner just quit?

[montag813]

The full-year loss exceeded the gross domestic product of Egypt in 2001.

Wow, that's a lot of dates, explosive belts and King Tut T-Shirts.

[Mudboy Slim]

I'm dancin' a Happy Jig, I am...MUD

[beckett]

The blood-soaked field is littered with the carcasses of the dead. Pittman, Case, Turner, Levin -- and scores of second-tier AOL execs.

Case's brilliant ploy (some say he slipped a mickey into Gerry Levin's drink to make him agree to the deal), has now turned into a disaster, and a morality play. Was it ethical for Case to reach so high, when he knew damn well AOL was not in the same league as TW? Was it ethical for him to use the phony numbers of the bubble and the irrational exhuberance of the internet euphoria of the late 90s to convince Levin that his company was more valuable than it really was?

[SamAdams76]

Is anybody out there that still uses AOL for Internet access? Is anybody out there that still gets their news from CNN? Is anybody out there that still plays PacMan...

[HassanBenSobar]

Nothing to worry about. Under IRS rules, losses can be carried back as a credit (to get refunds for past taxes paid up to 5 years ago), and can be carried forward as a deduction for future profits up to 20 years.

The tax code is a joke...but it sort of helps corporations, I guess.

[Man of the Right]

You know a company's on its way to liquidation when they start emphasizing EBITDA rather than net income.

[Don Corleone]

Gee...and they are not even UNION...could it be bad management can also FU a company? Nah!!!

[eleni121]

Why do I have a big smile on my face hearing this news? Because I sold this stock a long time ago when I realized I was backing a bunch of loonie left wingers.

[Mr. Jeeves]

AOL TW Posts Loss of Nearly $100 Billion

Did Ted check his other pants?

[185JHP]

IMO the verse in Proverbs about "a proud look, a lying tongue..." had something to do with this.

[Bonaparte]

[OperationFreedom]

This is good news. I sense the evil socialist empire in America is starting to crumble. Here's a nice kick in the pants on it's way down.

[NotJustAnotherPrettyFace]

The full-year loss exceeded the gross domestic product of Egypt in 2001.

AO-hell indeed!