TIME IDEAS
November 15, 2011
By Doug Glanville
When Michael Vick declared bankruptcy, it raised our eyebrows. Sure, we knew his legal defense against dogfighting charges would have cost a lot of money, but not THAT much money. He, like a host of other visible athletes, made bad investments and hired a fraudulent money manager. His new $100 million contract from the Eagles will help, but it’s also entirely possible that his financial implosion could happen all over again.