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  "documentTitle": "Time Warner Inc. (TWX)",
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      "text": "TWX's stock has underperformed by all relevant measures since Mr. Parsons became CEO.",
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      "text": "stock performance: 51%",
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      "text": "TWX is at the center of the storm that has and will continue to jolt American industry. Technology, regulation and competition are changing at an accelerated pace.",
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      "text": "TWX's stock has underperformed by all relevant measures since Mr. Parsons became CEO. When benchmarked against an overall index representing AOL, Networks, Filmed Entertainment, Publishing and Cable, TWX's stock has underperformed by 51%.",
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      "text": "This is the TWX story. It is a difficult story to tell because the history and performance of the Company has been skillfully enshrouded in the fog of one of the largest public relations efforts in American industry.",
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      "text": "TWX has also underperformed all major indices – S&P 500, NASDAQ and DJIA. On an absolute basis, TWX's stock has declined 8%.",
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      "kind": "quote",
      "text": "we have a different profile than any of the big diversified media companies because we do have some of the Internet superspice in our portfolio – namely AOL. — Mr. Parsons",
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      "text": "(a) Mr. Parsons became CEO effective at the Annual Meeting on May 16, 2002. (b) Performance measured from May 16, 2002 through January 27, 2006. (c) The overall index used to benchmark TWX's stock price performance is weighted...",
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      "text": "Chapter 1: The Context",
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      "text": "I. PREFACE",
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      "text": "II. THE ISSUE: PERFORMANCE",
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