Who Knew the China was interested in American products?? A Chinese group agreed to buy an 80.1 percent stake in the plane-leasing unit of American International Group Inc. (AIG) for $4.23 billion, the largest acquisition by that nation’s investors in the U.S. The investors in International Lease Finance Corp. include New China Trust Co., China Aviation Industrial Fund and P3 Investments Ltd., New York-based AIG said today in a statement. The buyers have an option to take an additional 9.9 percent stake, according to the statement. The deal values ILFC at $5.3 billion, and eclipses China Investment Corp.’s $3 billion…

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Marc Anthony held a party and auction in Chicago to collect funds for a Dominican Republic orphanage! Among the items belonging to famous sports and show business personalities that were sold at the auction was an Argentine national soccer team jersey autographed by superstar Lionel Messi. In addition, bidders also bought a necklace designed by Oscar de la Renta, a helmet signed by Mexican race car driver Esteban Gutierrez, a guitar signed by the Mexican rock band Mana and front-row seats to the GIGANT3S international tour Anthony is undertaking along with Marco Antonio Solis and Chayanne. How much did he…

Raymond vs Raymond custody trial has come to a close. The judge presiding over the contentious child custody hearing called an emergency meeting after closing arguments today. Usher is fighting for full custody of his two sons.  While,Tameka wants her child support to increase by 3k monthly, she also wants her nanny pay to be reimbursed to her in the amount of 34k. She doesn’t want Usher to have over night guests while the kids are with him, and she is adamant about having him return her Sak’s Fifth Avenue credit card back to her. Tameka’s attorney Lisa West was…

  Evander Holyfield  is back in the news again. When it rains, it pours! He is selling the boxing gloves from the heavyweight bout in which Mike Tyson bit off part of his ear, auctioning medals, championship belts and other memorabilia after losing his home to foreclosure.  Also on the selling block, Holyfield’s bronze medal from the 1984 Olympics also will be included in the sale, according to an e-mailed statement from the Beverly Hills, California-based Julien’s Auctions, which is handling the transactions. Holyfield, 49, moved out of his 109-room home in Fairburn, Georgia, this month after it was sold…

Have you ever wondered, how far will your bank go to get money and profit for investors? How greedy can these bankers be? They represented Mexican drug lords, and other terrorist organizations through the globe. This was apparently taking place for quite some time.  Recently, the head executives were put on the chopping block in a US Senate hearing. During a daylong hearing before a Senate subcommittee, HSBC’s top antimoney-laundering executive announced he is stepping down. Bank officials outlined millions of dollars in increased spending on compliance efforts. Chastened HSBC Holdings PLC executives on Tuesday told U.S. lawmakers they are…

Boxing great Evander Holyfield is down for the count, after he was forced to move out of his 54,000-square-foot mansion for being unable to satisfy a whopping debt of more than $14 million that was owed to them on the home, reports TMZ. The palatial estate, which is located in Fairburn, GA, was recently sold for a reported $7.5 million.  The boxing great’s famed home had been in and out of foreclosure throughout the years.  Holyfield, now 50, has had money troubles ranging from his child support nonpayment issues for his 11 children to making the IRS deadbeat list for delinquent taxes to divorce to…

Every year there is some scripting issue with BET. This year’s screw up  was “Here Today-Gone Tommorrow” boy band group, (Must have instruments to be a band) Mindless Behavior.. The group Mindless Behavior who presented the award for Best Female R&B Artist alongside comedian Mike Epps, caught everyone off guard with a quick  shade on Lauryn Hill’s present tax problems. In a brief exchange, which was probably written by the show’s producers (Stephen Hill), Mike Epps attempted to show off his singing skills before group member Ray Ray told him that his singing was bad.  ‘You sing bad…like Lauryn Hill’s…