There's nothing quite like America's obsession with celebrities -- unless, of course, you consider our obsession with celebrity failures. After all, the shine of a rising star is always eclipsed by the blazing fire caused by a big bank account going up in smoke.
Former NBA superstar Allen Iverson earned $154 million from his Sixers salary alone during his career. Now, he owes more than he can pay. How did it happen, and what lessons can his fiscal foul-ups teach to the rest of us. The answers are distressingly simple.
We learned last week that former NFL star Chris McAlister, a three-time Pro Bowler, is broke and living with his parents after just a year out of the league. But he's hardly the first sports icon to blow through the cash in a flash. In his honor, here are our 10 favorite professional asset-annihilating athletes.
AVT has been accused of supplying former Mets outfielder Lenny Dykstra with over $250,000 to promote its shares on TheStreet.com and provide access to the site's founder and "Mad Money" host Jim Cramer. Now ATV is fighting back.
