Word: chicago
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...Long term, the USOC would benefit much more from a Chicago win than a new network. And if all goes well, it could end up with both. The IOC still has a financial incentive to select Chicago: U.S. media outlets would offer the organization millions of dollars in fees to broadcast a domestic Olympics. But it's still bad politics to risk alienating IOC voters. The USOC has undergone a management shake-up since the Beijing Games: former CEO Jim Scheer was pushed out and replaced by Stephanie Streeter, a four-year board member, on an interim basis. Right...
...pictures of Chicago...
...that the IOC was informed of the network's plans for months. "We never heard any negative feedback from them," says Bellingham. "By the time we heard that they prefer that we hold off, we just did not feel like that was viable." (See 10 things to do in Chicago...
...Indeed, the USOC's strategy is mystifying. A Chicago win would be a financial boon to the USOC. Given the buzz around having an Olympics in the States, greater levels of broadcast and sponsorship revenue would trickle down to the USOC and the governing bodies of the Olympic sports. The USOC needs this money, as it has lost valuable sponsors like The Home Depot, General Motors and Bank of America since the onset of the recession. So why not work with the IOC to resolve any issues with the network - or at least hold off on action until...
...Good for the South Side, It's Good for the World Nothing has been more central to the President's foreign policy approach than the theoretical lessons he learned as a community organizer in Chicago: listen to different views, understand the various motivations and then focus on the commonalities, not the differences. He repeats these refrains everywhere he goes. "The United States and Russia have more in common than they have differences," Obama said last week, shortly after meeting with Russian President Dmitri Medvedev in the Kremlin. At an April press conference in Trinidad, the President elaborated on his thinking...