If you think Knicks fans are peeved that team owner Madison Square Garden let the Houston Rockets swipe instant superstar Jeremy Lin, you should see how the team's stockholders have been reacting.
Russian billionaires are getting so rich that not even ordinary cell phones will do anymore. Danish company Aesir has created an 18-carat, limited edition cell phone that will retail for more than $57,000. The target buyer? Moscow's fashionistas and monied elite.
LeBron James' decision to sign with the Miami Heat means the owners of the New Jersey Nets will miss out on a huge jump in team value that would have likely occurred had the basketball star chosen to move to the Garden State. And one of the Nets' owners is LeBron's pal, Jay-Z. The hip-hop mogul could be missing out on a potential gain of over $5 million.
