AOL could be seeing some more problems - another ENRON?

Discussion in 'Current Events' started by Mr. Anderson, Sep 24, 2003.

  1. Mr. Anderson Moderator emeritus

    Mr. Anderson

    Joined:
    Nov 1, 2001
    Location:
    VA
    #1
    http://www.washingtonpost.com/wp-dyn/articles/A57226-2003Sep24.html

    ouch!

    Two former executives of a Las Vegas-based software company pleaded guilty yesterday to fraud charges tied to advertising deals struck with AOL. The pleas are expected to provide significant ammunition for federal prosecutors pursuing a criminal probe of AOL's accounting practices.

    You've got fraud!

    D
     
  2. spinner macrumors regular

    Joined:
    Jan 16, 2002
    Location:
    South Dakota
    #2
    Perhaps this marks the end of AOHell and the suffering of so many of their subscribers. :D It looks especially bad for them that Time Warner is stepping away rather than trying to defend them.
     
  3. TEG macrumors 604

    TEG

    Joined:
    Jan 21, 2002
    Location:
    Langley, Washington
    #3
    Too bad Time Warner is the AOL in Question. I for one wouldn't be sad to see AOL stop service, see Aaron Brown Thrown out into the street, and have Warner Music stop lawsuits. However, I would like to see Cartoon Network bought by Paramount so I can continue to Watch Futurama and Family Guy.

    TEG
     
  4. alset macrumors 65816

    alset

    Joined:
    Nov 9, 2002
    Location:
    East Bay, CA
    #4
    Fantastic. I'd love to see AOL go down, but I worry what weight it will carry when it goes down. My stocks are finally recovering, I don't want to see them die, again.

    Dan
     
  5. XnavxeMiyyep macrumors 65816

    XnavxeMiyyep

    Joined:
    Mar 27, 2003
    Location:
    Washington
    #5
    As much as I hate AOL, if it went down, iChat would be useless, because AIM would go down, too.
     
  6. iJon macrumors 604

    iJon

    Joined:
    Feb 7, 2002
    #6
    i have a scary thought that microsoft would try to buy aim rights, ouch that would be bad.

    iJon
     

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