The history of AOL reads like that of the U.S. auto industry:
• Pick the easy money as fast as you can • Pick old-school corporate leadership and hope it'll work in a new, highly competitive world. • Don't worry about looking at the latest innovative directions - or seeking a CEO who can create new ones for your corporation.
There must be some technological/business assets left in AOL. What about finding some leadership that wants to be ahead of the next wave of digital communication?