Arianna Huffington Fights Claims That She Is Spending AOL Into the Ground

Over a week ago, Jeff Bercovici at Forbes wrote a massive takedown of Arianna Huffington, focusing on the fact that, with Tim Armstrong’s blessing, she was extravagantly hiring reporters and big names to the AOL-Huffington Post team, at a rate that might pose serious financial problems for the media company down the line. The questions Bercovici raised about expenditure at AOL-Huffington Post were similar to ones that analysts and shareholders are asking her at an investor day that AOL is holding right now.