I just heard that Ted Turner is buying back CNN, re-buying the Atlanta Braves, and buying back into the Wrestling Industry. He is also stepping down as Chairman of AOL Time Warner because he believes his role in the company is now very diminished. Anyone

[Julius Seeker]

<div style='font: 12pt ; text-align: left; '>I just heard that Ted Turner is buying back CNN, re-buying the Atlanta Braves, and buying back into the Wrestling Industry. He is also stepping down as Chairman of AOL Time Warner because he believes his role in the company is now very diminished. Anyone have any other info on this?</div>

[Zeus]

<div style='font: 9pt ; text-align: left; '>Where did you hear this?</div>

[Julius Seeker]

<div style='font: 12pt ; text-align: left; '>Just from an acquaintance, that's why I'm asking if anyone has details</div>

[Eric]

<div style='font: 11pt ; text-align: left; '><b>Link:</b> <a href="http://forums.toonzone.net/showthread.p ... d=65194</a>

He did step down.</div>

[Tessian]

<div style='font: 11pt Dominion; text-align: left; '>The company lost 90billion dollars and he's rebuying all that shit back? I dunno...</div>

[Zeus]

<div style='font: 9pt ; text-align: left; '>$90B? I seriously doubt it's that much</div>

[Tessian]

<div style='font: 11pt Dominion; text-align: left; '>read the newspaper, watch Daily Show-- both of them said it. That's how much AOL Time Warner lost (I might be off by a few billion)</div>

[Kupek]

<div style='font: 10pt verdana; text-align: left; padding: 0% 10% 0% 10%; '>It is that much. They posted the highest loss in the history of capitalism last year.</div>

[Zeus]

<div style='font: 9pt ; text-align: left; '>Wow, I know they're one of the biggest companies in the world, but shit, that's unreal....</div>

[Ishamael]

<div style='font: 14pt "Sans Serif"; text-align: justify; padding: 0% 15% 0% 15%; '>Actually, it's $98.7 billion, but who's counting? ;)</div>

[Ishamael]

<div style='font: 14pt "Sans Serif"; text-align: justify; padding: 0% 15% 0% 15%; '>It was on drudgereport yesterday and a bunch of other places.</div>

[Ishamael]

<div style='font: 14pt "Sans Serif"; text-align: justify; padding: 0% 15% 0% 15%; '>It's amazing what a $45 billion writedown (from $1 billion) for the final quarter can do to the bottom line. :)</div>

[SineSwiper]

<div style='font: 11pt "EngraversGothic BT", "Copperplate Gothic Light"; text-align: left; '>That' because Time-Warner was a fucking dumbass for buying AOL. AOL just wanted the cable companies to be able to sell broadband, but they are still dragging their feet on getting their AOL junkies hooked on high-speed.</div>

[SineSwiper]

<div style='font: 11pt "EngraversGothic BT", "Copperplate Gothic Light"; text-align: left; '>About him stepping down, but what's this about rumors of him buying back everything?</div>