SUN VALLEY, ID - JULY 07: Nike Chairman Phil Knight attends the Allen & Company Sun Valley Conference on July 7, 2011 in Sun Valley, Idaho. The conference has been hosted annually by the investment ... more 
SUN VALLEY, ID - JULY 07: Nike Chairman Phil Knight attends the Allen & Company Sun Valley Conference on July 7, 2011 in Sun Valley, Idaho. The conference has been hosted annually by the investment firm Allen & Company each July since 1983. The conference is typically attended by many of the world's most powerful media executives. (Photo by Scott Olson/Getty Images) less 
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Getty Images | Photo By Scott Olson / Getty Images
Thu, Jul 7, 2011 9:18 PM EDT