Instead, it gave the money to Bebo shareholders.

Ah, well.  No sense crying over spilt milk.

Or is there?

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See Also:

• AOL’s Jon Brod: Why We’re Going To Sell Or Shutdown Bebo
• AOL Will Sell Or Shutdown Bebo In 2010

Verizon CEO Ivan Seidenberg isn’t even trying to be coy about it anymore. He wants the iPhone on Verizon! The questions remains, at what price:

NEW YORK (AP) — Verizon CEO Ivan Seidenberg says the company has told Apple that it wants to carry the iPhone. But he declined to say when — or even if — the popular smart phone will be available for Verizon Wireless customers.

In remarks Tuesday before the Council on Foreign Relations, Seidenberg cited a recent Wall Street Journal report that said Apple is working on a version of the iPhone that would be compatible with Verizon’s network.

But he did not confirm the report or give any further details Tuesday.

AT&T Inc. has exclusive rights to the iPhone in the United States. The company has been silent about the reports on the new iPhone model.

Apple is expected to announce details on a new iPhone operating system Thursday in Cupertino, Calif.

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See Also:

• iPhone On Verizon Still Unlikely For This Year
• Apple Working On iPhone For Verizon For This Summer
• Losing iPhone Exclusivity To Verizon Is Not Going To Kill AT&T

The Obamas officially have new next door neighbors in Chicago.

The house at 5040 S. Greenwood Ave., next door to the president’s Chicago residence, was put on the market in September for $1.85 million and was sold today for $1.4 million cash, according to Chicago Breaking Business.

“The sale has not yet been recorded and the buyers have chosen to remain anonymous, said listing agent Matt Garrison. ‘They’re normal, organic Chicago buyers,’ he said. ‘They probably would have preferred if the house was down the street instead of next door to the Obama’s.’,” Breaking Business reported. 

The 17-room turn of the century historical home sits on over 12,000 feet of land and still houses details such as preserved plaster and woodwork and original stained glass windows.

Take the (nearly) Presidential tour >

Now take a look at mansion Steve Jobs is moving out of…

HOUSE PORN OF THE DAY: The Fabulous Mansion Steve Jobs Will Demolish >>

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Patricia Cohen is now claiming she is entitled to a “substantial if not controlling” stake in SAC Capital, her ex-husband’s, Steve Cohen‘s, hedge fund.

Now we know why Patricia Cohen was so excited to sue her ex that she couldn’t contain herself. She might (might) become a billionaire!

The Post saw the lawsuit documents, which say Patricia filed the suit today.

It claims Cohen secretly grew SAC during their marriage in the 1980s and used $1 million of the money she made in real estate.

Apparently, the new lawsuit outlines how Cohen cheated Patricia – laundering money, lying about his earnings, and keeping all information about his new hedge fund, which he launched just weeks after they were divorced, secret from Patricia.

SAC Capital spokesman Jonathan Gashalter told the Post:

“These recycled allegations are ridiculous. They are nothing more than a blatant extortion attempt arising from a divorce that was finalized over 20 years ago.”

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See Also:

• Now We Finally Have A Clear Explanation Of The Basis Of Steve Cohen Vs Ex Wife Lawsuit
• Steve Cohen’s Wife Was So Excited To Sue Him, She "Could Hardly Contain Herself"
• Former SAC Employees Talk About What It’s Like To Work For Steve Cohen