Quicken Loans founder and chairman Dan Gilbert, left, and Hall-of-Fame basketball player turned businessman Earvin "Magic" Johnson appear during a news conference, Thursday, July 21, 2011, in Detroit.... more 
Quicken Loans founder and chairman Dan Gilbert, left, and Hall-of-Fame basketball player turned businessman Earvin "Magic" Johnson appear during a news conference, Thursday, July 21, 2011, in Detroit. Johnson announced Thursday he is joining as a general partner in the Detroit venture capital company that includes Quicken Loans founder and chairman Dan Gilbert. (AP Photo/Carlos Osorio) less 
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Associated Press | Photo By Carlos Osorio
Thu, Jul 21, 2011 3:53 PM EDT