Levin Is Sorry for Creating AOL Time Warner. Jerry Levin, the former Time Warner chief who helped orchestrate the disastrous merger with AOL shares that resulted in the loss of billions of dollars for shareholders, offered a mea culpa Monday during an appearance on CNBC. “I presided over the worst deal of the century, apparently, and I guess it’s time for those who are involved in companies to stand up and say: you know what, I’m solely responsible for it,” Mr Levin said. “I was the C.E.O.; I was in charge; I’m really very sorry about the pain and suffering and loss this has caused.
I take responsibility. It wasn’t the board; it wasn’t my colleagues. It wasn’t the bankers and lawyers.” Mr. However, Mr. “Let’s hear publicly from Lehman Brothers, Bear Stearns, Merrill Lynch, on and on,” Mr. As for the AOL-Time Warner deal, Mr. TechCrunch. Le Journal du Net : e-Business, Informatique, Economie et Management. SAI.