Word: bets
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...would Gandhi play the role of Ben Kingsley? -Mills Chapman, VILLANOVA, PA.He was an astonishingly quick and witty judge of character, so I bet he could have done a very good impersonation...
Athletes who misbehave are a shame but not a surprise. But referees? Commish David Stern curtly confirmed that the NBA is cooperating with the FBI in sifting evidence that ref Tim Donaghy had bet on games, including some he officiated. Insisting that all other refs are clean, Stern denounced this "act of betrayal of what we know in sports as a sacred trust...
...oblivion of a slow summer news week - with baseball hitting its dog days and even the British Open golf tournament missing the drama of its stellar attraction, Tiger Woods, in serious contention. So Commissioner Stern may have a right to feel confident. Sports fans have short memories. You can bet...
...situation" Stern spoke of is the ongoing FBI investigation into allegations that former referee Tim Donaghy bet on games over which he officiated during the last two seasons. For years, Stern has been proud of the reputation of the NBA as the No Betting Allowed league and has been almost arrogantly defensive of the league's referees. So, when this scandal broke, some sports writers were ready to talk of comeuppance. But Stern has adopted the strategy that any smart figure in the sports world takes when wrongdoing is revealed: show contrition...
...Federal Reserve. It sets them with an eye on inflation. If the Fed fears that prices are rising too fast, it will raise rates to slow the economy. Longer-term rates, like those on a standard mortgage, are set on the open market. They are partly a bet on how well the Fed will control inflation but also reflect supply and demand. If there are lots of people with money to lend and not so many who want to borrow it, rates go down...