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  • Steve Case: Swimming With 'Suits'

    01/14/2003 6:48:32 AM PST · by ex-Texan · 11 replies · 243+ views
    News Google / Washington Post ^ | 1/14/2003 | David Ignatius
    Steve Case: Swimming With 'Suits' By David Ignatius Steve Case is licking his wounds today, following his resignation announcement Sunday night after two disastrous years as chairman of the merged AOL Time Warner Inc. But the hidden villain of this tale is the idea -- pushed as much by greedy Time Warner execs as by Case -- that profitable "synergies" would be created by merging Time Warner's content and AOL's distribution. Those synergies never hit the bottom line. Shareholders waited in vain for the magic to happen, just as they have waited at other multimedia companies that had big ideas...