Ted Leonsis, the semi-retired AOL executive, is drawing fresh attention for a blog post he wrote last week insisting that all was fine at the Internet giant, citing a raft of lofty numbers. As rumors of new layoffs have bubbled up, commenters on his blog are tearing Leonsis apart for his sunny claims of AOL's health. Leonsis's shiny, happy mantra: AOL has huge traffic. His detractors' retort: Yes, but it's stagnant or declining. Leonsis has yet to respond. Perhaps he's too busy puzzling over buddy Steve Case's perplexing new credit-card startup.

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