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