AOL Time Warner

[Zurg]

NEW YORK (Reuters) - AOL Time Warner Inc. (NYSE:AOL - news) on Wednesday posted a 2002 loss of nearly $100 billion -- the largest annual loss in U.S. corporate history...

...The negative was the goodwill writedown of $45 billion, which was bigger than expected.

Ted Turner said he would step down as vice chairman

LOL

I can just hear'm.

"Anyone see where I put that huge stack of bills?" Steve Case

"Oh yeah we lost 100 Billion I think someone forgot to get the change from the Goodwill Ice Cream guy when he brought bon bon's to the big board party." Ted Turner

 

[doxdogy]

Amazing is all I can say, amazing. I sure hope they balance their personal checkbooks better then the corporate books.