Wednesday, December 09, 2009

AOL Compliance Culpability

AOL (AOL) was finally ejected from the Time Warner (TWX) mother ship. AOL traded down immediately. The amount of compliance grade information on AOL is abysmal. This is a back-handed way of telling investors that the situation is bleak but no one had to make a public comment and be responsible for it. If you are a class action securities lawyer looking to make a case, follow the trail of information or rather lack thereof. Sure they are firing by the thousands and maybe have the occasional content deal that is exciting. But the executive needs to start making a compelling case for wealth creation. If it cannot be done then go back to the Time Warner management for responsibility.