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Billionaire CEOs
Page entitled :
Billionaire CEOs Stephen Case (AOL Time Warner) and Sandy Weill
Content of this page is about :
American billionaires Stephen Case (AOL Time Warner) and Sandy Weill,
entrepreneurs and chief executive officers
Extract :
... the Internet meltdown, the valuation of the America Online business
crashed, causing a goodwill write-off of $99 billion, then the largest loss
ever reported by a public company. AOL Time Warner stock crashed 91%,
destroying $206 billion of shareholder value, which led to the destitution
of Jerry Levin in May 2002. His notable role in the AOL Time Warner merger
and subsequent losses ...
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