12/13/2008 05:12 am ET | Updated May 25, 2011

Ted Turner Goes To Town On Time Warner

Interviewed this morning at the Time/Life Building by Time magazine's Josh Tyrangiel, the swashbuckling CNN founder took every opportunity to bash his former company over the head, blasting Gerald Levin and Dick Parsons, excoriating Time and CNN, and comparing the merger of Time Warner and AOL to the development of the atomic bomb in its tragic impact. (Parts of the interview, which was timed to promote Turner's autobiography, will appear in next week's issue of Time and on the magazine's website; it will be awfully interesting to see just which parts.)

Afterward, talking to a group of Time Inc. employees, he said, "It gave me a chance to get a few things off my chest." No kidding.

Some highlights that only could've come from the Mouth of the South:

-Turner, who has lost the vast majority of his fortune and given away most of the rest, said he intends to make fresh billions by investing in clean energy. And what will he do with it? "I might buy Time [Warner] back, because it might be two dollars a share by then. When I left it was eighteen."

Read more on Portfolio