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COMPANY OUT OF TIME (RIP AOL Time Warner, Turner, Levin, Case)
NY POST ^ | February 3, 2003 | CHRISTOPHER BYRON

Posted on 02/03/2003 2:03:20 AM PST by Liz

Edited on 05/26/2004 5:11:24 PM PDT by Jim Robinson. [history]

A lot has been written lately about the situation at AOL Time Warner and that $45.5 billion charge the company took to its earnings last week. We've been invited to gawk at the epic scale of the loss, as if bearing witness to the havoc of some hurricane that rips up Florida by the roots. We've been invited as well to appreciate the human suffering that awaits those who live downstream from this abruptly rupturing Hoover dam of high finance. But there are greater matters to pursue here. Today we offer some thoughts on what last week's writedown was really about - coming not to praise Caesar, but to bury him.


(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Crime/Corruption; Extended News
KEYWORDS:
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To: Liz
You are right. And me media will be complicit in chanting the destruction of the economy occurred thanks to Bush43. For talking points - see "the forehead" on Crossfire.
21 posted on 02/03/2003 8:58:54 AM PST by Sgt_Schultze
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To: Sgt_Schultze

Ut oh, CarEvil and the Dumbocrats are thinking
again. "Blame Bush, blame Bush, blame Bush."

22 posted on 02/03/2003 9:28:41 AM PST by Liz
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To: Grampa Dave
Disturbed, dumbed-down Dummycrats can fool some of the
people, some of the time.................well, you know the rest.
23 posted on 02/03/2003 9:52:49 AM PST by Liz
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To: Liz
Here's another article on AOL from Forbes.

http://www.forbes.com/2003/02/03/cx_da_0203topnews.html?partner=fool&referrer=
24 posted on 02/03/2003 10:13:07 AM PST by Darnright
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To: Darnright
Thanx for the link. Forbes got it right.
25 posted on 02/03/2003 12:44:55 PM PST by Liz
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