You can't keep a bad idea down.More than a year after speculation began in earnest that AOL Time Warner ( AOL) could be due to spin off America Online, the
In fact, AOL's online ad sales business, which not only crashed but also incubated overenthusiastic and troublesome revenue-recognition practices, is actually showing year-over-year progress, says the company. Additionally, as humiliating and frustrating as the AOL experience must be for former Time Warner executives, getting rid of AOL at Case's behest would have to be even more humiliating, because it would amount to selling
a pig in a poke cheaply back to the man who you think overcharged you for it in the first place. received much less support than other directors at the company's recent shareholder meeting. "I have a feeling," says the investor, "there are very few people out there would miss Steve Case if he were to leave quietly."