You Don't Say

Link via Drudge.

Since merging, AOL Time Warner has suffered the biggest write-offs in the history of business, shed stockholder value like a Russian POW sheds baby fat, and failed to deliver any of the promised “synergies” of combination.

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Chairman Steve Case says, “We have made some mistakes in the past year.”

And that’s today’s No Shit? Award-winning statement.

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