Commentary: Aol Time Warner: The Thrill Is Gone

Gerald M. Levin has put his tie back on. Last January, when the Time Warner Inc. chief executive announced he was selling his company to America Online Inc. in an unprecedented deal marrying Old and New Economy forces, he appeared at the press conference sans tie. Much was made of Levin's awkward fashion choice that day, an obvious attempt to appear that he was down with his cool new Web partners. But these days, Levin looks to be back to his Old Economy, buttoned-up self, tie squarely in place.

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