Master Class:

Ted Turner's Greatest Success and Failure

In business, Ted Turner has had much success as well as his share of failure. Watch as he describes his most exciting accomplishment (CNN) and what he calls one of the worst mistakes ever made in business (the AOL-Time Warner merger). Ted describes the year he lost 80 percent of his fortune, lost his job, ended his marriage to Jane Fonda and lost a grandchild—and why he vowed to make a comeback.

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