Time Warner AOL racks up a $98.7 BILLION loss for 2002

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I thought I had misheard this when I turned on the radio this morning

That's just... mind boggling.

N. (nickdastoor), Thursday, 30 January 2003 11:14 (twenty-three years ago)

holy shit. I can't even think about that.

M Matos (M Matos), Thursday, 30 January 2003 11:19 (twenty-three years ago)

It's Connie I feel most sorry for.

N. (nickdastoor), Thursday, 30 January 2003 11:19 (twenty-three years ago)

It's not proper money, though. They overpaid for themselves with their own money/paper, so it's only really a virtual loss. Kind of appropriate, really.

Mark C (Mark C), Thursday, 30 January 2003 11:20 (twenty-three years ago)

Wow.

I feel no sympathy for Connie. I hate her fucking hair.

Nick Southall (Nick Southall), Thursday, 30 January 2003 11:21 (twenty-three years ago)

They overpaid for themselves with their own money/paper, so it's only really a virtual loss.

Can I do this but like, the other way around, so that I get $98.7 billion profit?

N. (nickdastoor), Thursday, 30 January 2003 11:22 (twenty-three years ago)

If you can, may I please help?

Nick Southall (Nick Southall), Thursday, 30 January 2003 11:23 (twenty-three years ago)

heard it last night.

Julio Desouza (jdesouza), Thursday, 30 January 2003 11:27 (twenty-three years ago)

Nick, I heard this company Enron was managing to do it so I reckon we'll be OK.

Your golden handshake is $20 billion in Dastoorco bonds.

N. (nickdastoor), Thursday, 30 January 2003 11:35 (twenty-three years ago)

It'll be in the last place they look. (probably in AOL user's pockets)

Ed (dali), Thursday, 30 January 2003 11:38 (twenty-three years ago)

bugger user's -> users'

Ed (dali), Thursday, 30 January 2003 11:38 (twenty-three years ago)

Wonderful. Cheers, N. Can I be a non-executive director? Cos that means I do 12 hours a month of smoking cigars and drinking brandy at meetings, right? With no other input or effort than that?

Nick Southall (Nick Southall), Thursday, 30 January 2003 11:45 (twenty-three years ago)

Yes but we'll have to think of some other name for this.

N. (nickdastoor), Thursday, 30 January 2003 11:59 (twenty-three years ago)

You know, $99 billion sure is a lot of money... for one year no less! I wonder what $99 billion could get you...

I did a little search on google and found that it is also...

The total amount of goods that Russia exported in 2000.
The total spent on mental health care in the U.S. per year.
The total spent on annuities in the U.S. in 1994.
The total output of the Japanese electricity, gas, water supply industry in 1990.
The total spent thus far on a U.S. missle defense system.
The total health care cost of obesity in the U.S. in 1997.
The total amount of tax revenue generated by U.S. tourism.

Aaron W (Aaron W), Thursday, 30 January 2003 13:36 (twenty-three years ago)

You know, I'd love .1% interest off of $99 billion.

Dan Perry (Dan Perry), Thursday, 30 January 2003 14:39 (twenty-three years ago)

I guess Ted Turner never should have shown everyone his tatoo.

Mike Hanle y (mike), Thursday, 30 January 2003 15:25 (twenty-three years ago)


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