Wednesday, February 3, 2010

Name an unsuccessful business? -

i need to know the name of an unsuccessful business please. as well as the name of the entrepreneur and what the owner did that made the business fail.maybe if i could get a contact or somethingit is for a research paper.thank yuo so much in advance

Check out the history of AOL. They merged with Time-Warner back in Jan 2000 and the combined companies were worth $360 Billion. The combined companies have lost 80% of their stock value since the merger and have become the prime example of how not to merge companies.Time Warner is now selling off AOL for a huge loss. The sale should be complete before the end of this year so there is plenty of info available right now.AOL was started by Steve Case who became one of the youngest billionaires of all time when the two companies merged. I don t think you will have any luck getting a interview but he is definitely an entrepreneur who has failed since he ended up resigning from the board of directors of AOL-Time Warner in July 2005. Keep in mind that he still ended up a billionaire!

Enronhttp://en.wikipedia.org/wiki/Enron

Bennigan s. I don t know the info so Google the rest?Mine plz? :-)http://answers.yahoo.com/question/index;��

Merril Lynch. This financial institution failed due to crooked CEO s running it into the ground.

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