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daily link image Saturday, August 24, 2002

AOL: Chief grief & writedowns?
SEC reportedly looking into executive stock sales while WorldCom, Qwest deals come under scrutiny.

AOL Time Warner shares were jarred Friday following various news reports drawing attention to well-timed stock sales by top AOL brass, a cozy relationship with scandal-stained WorldCom, investigation of a separate deal with Qwest, and the possibility of another writedown. [CNN/Money]

The scandals contimue. It will touch many companies before this is all over. Want to bet that Time/Warner regrets the merger?...mj
10:48:32 AM    


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Last update: 10/9/03; 7:12:55 PM.