You got this wrong big time. DOWNFALL FOR WHOM???? AOL??!?!!?!. AOL won big time. Steve Case has never stopped smiling. He got away with murder. He bought that huge media conglomerate: film production, cable broadcaster, cable MSO, magazine publisher, book and music publisher for internet stock at it's peak. He sold high. AOL stock would be worth far less had they not bought TW. TW screwed up by allowing the merger. But don't criticize AOL, they won big.