The Mudville Gazette
This is Mudville Gazette Back-up Site

Tuesday, May 06, 2003


Saying he wanted to diversify his holdings, AOL Time Warner's largest individual shareholder, CNN founder Ted Turner has sold 60 million shares -- nearly half his stake -- in the media company, AOL said on Monday. The Tedster reportedly took in 800 million on the deal. I know it's tax return time, but who in the world can afford to buy that?

In an unrelated story,
WASHINGTON (CNN) -- About $1 billion was taken from Iraq's Central Bank by Saddam Hussein and his family, just hours before the United States began bombing Iraq, the U.S. State Department said Tuesday.