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Have Tina Brown and Arianna Huffington destroyed the world?

Tina Brown and Arianna Huffington have both been given the reins of two large white, male dominated media Newsweek and AOL.  The women got balls but the public is gasping at how the media takeovers and buyouts and sellouts are faring.  From what I have read, not so swell.  The following links size it up nicely.  AOL stocks have plunged and Newsweek, is well, not so newsy and not so weekly.