AOL, a new breed upstart with a strong central management focus--with a desire to get into 'media content' to feed it's distribution focus, and Time Warner, a staid veteran with decentralized units,--with a desire to get into 'internet distribution' to

it's over the top 'dot.com' management and financial chicanery, but in truth AOL was operating in a persmissive environment and did little that was frankly 'illegal', although a lot that was unethical.