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AOL faces criticism over 401(k) cuts

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It should have been a glorious week for AOL chief executive Tim Armstrong. His company's quarterly earnings, announced Thursday, were the best in a decade. "Olympian," he declared.

Instead, he angered employees, insulted parents with sick babies and shined a light on a practice seeping its way into corporate America that threatens to rob workers of thousands of dollars in 401(k) savings.


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