“AOL’s New Plan: It’s Not Working”

I don’t understand why AOL still exists. At some point, doesn’t it make more sense to return money to shareholders and go get a real job? Its inevitable obliteration was obvious to everyone other than Gerry Levin (OK, not everyone, TW’s stock actually – get this – soared on the news, but still, that was when everyone in the market was day-trading in between glue-sniffing sessions – what else could explain that madness) from about 5 minutes after broadband launched – why is it still hanging around?