Richard Parsons, former Time Warner CEO, dies at age 76

Richard Parsons helped Time Warner divorce from AOL after what was considered one of the worst takeovers in history. He was also chairman of Citigroup, helping to stabilize the banking giant in the wake of the financial crisis, and served as interim CEO of the Los Angeles Clippers. Parsons later came out of retirement to briefly... read full story

"The merger did not work out quite the way many of us expected. The internet bubble burst and we had to fix the leaks,"