Over the weekend, reports surfaced that Yahoo's new financial advisors want it to chase down a merger with AOL to counter Microsoft's multi-billion-dollar bid. But can AOL parent Time Warner afford Yahoo's financial freight? After Yahoo gave a definite "no" to Microsoft's multibillion dollar buyout bid on Friday, indications emerged over the weekend that AOL might come to the rescue as Yahoo's fabled white knight. But after just turning in less-than-stellar fourth quarter 2007 financial results, can Time Warner, AOL's parent company under newly anointed CEO Jeff Bewkes, afford to take on Yahoo's freight? On Sunday, The Times Online (UK) reported that pursuing an AOL merger is the top choice now being recommended by Yahoo's investment bank advisers at Goldman Sachs and Lehman Brothers.