Word: aol
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Dates: during 2000-2009
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...then the co-CEO of Time Warner (TIME's parent company), was vacationing in Vail when he was summoned by the board. Nick was about to become the ex-co-CEO, having lost a power struggle to Gerald Levin, the man who would later sell the company to AOL. (That worked well, didn't it?) Nicholas declined. He knew the game was over. He got on the lift instead. (See pictures of TIME's Wall Street covers...
...This is a list of independent blogs. However, several major media outlets have excellent blog sections. David Gaffen at WSJ.com, Fortune.com's Apple 2.0 blog, BusinessWeek.com's Fine On Media, and BloggingStocks at AOL (24/7 contributes content to this site). Obviously, these blogs have a level of financial support that independent blogs do not enjoy. Their writers are paid salaries. They have greater exposure due to their relationship with larger websites. They are excellent, but really should not be compared with websites operated by one person or a small group of individuals. Nevertheless, they should be recognized for their...
...fifth quarterly loss in a row - and revealed that it would separate its retail banking business from the risky assets dragging it down. Citi may be taking on water faster than it can dump it out, but Parsons is no stranger to financial struggle. When he took over AOL Time Warner in 2003, the media conglomerate was $27 billion in debt and the Securities & Exchange Commission had taken a keen interest in America Online's premerger accounting practices - basically, the company was the Wall Street equivalent of the dorky kid whom nobody sat next to at lunch. Parsons had some...
...Parsons joined Time Warner as president in 1995, becoming CEO in 2002 - a position he held until 2007. As a member of the company's board since 1991, he was named chairman in 2003 and remained until 2008. Parsons was instrumental in the now defunct AOL-Time Warner merger...
...exchanges in 15 countries. Squires says the Internet has made alternative forms of exchange more viable, as databases can keep account of credits. In the rarefied world of monetary theory, think tanks are abuzz with ideas about future forms of money. One visionary, Jean-Francois Noubel, co-founder of AOL-France, foresees "millions of free currencies circulating on the Net and through our cell phones" as money follows the distribution path that media have over the past decade. Bernard Lietaer, a Belgian economist and author who helped develop the euro, has proposed the Terra, a transnational currency backed by established...