Wednesday, September 23, 2009

What US$1 Can Buy You

That’s the price Russian tycoon Mikhail Prokhorov is going to pay to buy over NBA club New Jersey Nets.

Wow, I know the financial crisis has hit America harder than anywhere else but US$1? Okay, I get that it’s a symbolic sum with the Russian tycoon footing the bill in the building of a new playing arena for the Nets but US$1?

When a certain Russian tycoon took over Chelsea in the English Premier League, he paid hundred of millions for it. US$1? Wow, things must be worse than I thought.

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