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April 29, 2002
The End of an Error
What if a company lost $54 billion and nobody noticed? That's what happened last week with AOL Time Warner. It reported the largest quarterly loss in corporate history, a truly mind-boggling evaporation of wealth. Despite this, AOL's stock actually went up after the announcement. What's going on here? More...
UPDATE: This column is also running on CNet News.com.
Posted by Kevin Werbach at April 29, 2002 10:22 AM
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