Aol S Board Is Digging In
Now directors of the combined company–seven from the old Time Warner, seven from AOL–are facing increasing pressure to make the merger work. Levin, who abruptly retired last December, is gone, as are many of the once powerful chief executives in a troubled corporate world. In the wake of Enron and WorldCom, once laissez-faire boards of directors now are facing shareholder suits and trying to steer wayward companies through government inquiries....