Michael*K
Screenwriter
- Joined
- May 24, 2001
- Messages
- 1,806
In a corporate freefall that's difficult to grasp, AOL Time Warner announced today that it lost nearly $100 billion dollars last year. The news resulted in the resignation of Ted Turner and cemented the notion that the union of AOL and Time Warner two years ago was due to become a monumental failure. Makes UAL's annual losses look like peanuts.