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To: Cynic 2005 who wrote (83128)	1/11/2000 12:47:00 PM
From: NickSE	Read Replies (1) \| Respond to of 86076

UFB! Besides a $29 billion overnight windfall for all Time Warner's shareholders, the five top executives in the deal can pocket once-in-a-lifetime payoffs totaling nearly $1.8 billion -- bigger than any lottery in history. AOL's two top bosses -- billionaire founder Steve Case, 41, and his No. 2 Bob Pittman, the 45-year-old founder of MTV -- each get staggering special bonuses they wouldn't have gotten their hands on for years. Case can collect $747.1 million and Pittman can take in $735.5 million. That's because a clause in their contracts unlocks stockpiles of options if there's a merger, allowing them to cash in stock options which they otherwise weren't able to touch for five years or longer. nypostonline.com