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...Donaghy made certain that the stench of corruption went beyond his own bad behavior, crashing this year's dream finals between the Boston Celtics and Los Angeles Lakers with scandalous accusations. Before Game 3 of that series, he alleged in a court filing that two refs conspired to fix the 2002 Western Conference finals between the Los Angeles Lakers and Sacramento Kings. Donaghy claimed he wasn't the only rogue referee, as he described a corrupt culture in which refs would play tennis with coaches, ask players for autographs, and accept free meals and gifts from coaches and team officials...

Author: /time Magazine | Title: Can an Army General Whip NBA Refs into Shape? | 10/29/2008 | See Source »

...however, appears determined to pursue his China policy even as opposition grows. After the Taipei rally, Ma said that he "will listen to the voice of the people and fix any policies that are not good enough," but added that "the larger direction of the government is correct." And he does continue to have some public support. Despite the large Taipei rally, poll results show that a majority of Taiwan's population approve of parts of Ma's China policies, such as direct transportation links. "Ma will be more cautious" in the wake of the large rally, says Yang...

Author: /time Magazine | Title: Taiwan President Faces Growing Opposition | 10/28/2008 | See Source »

...football teams are notoriously reluctant to reveal any information on player injuries, but since six different Browns have caught the bug since 2005 - Winslow has had it twice - the team's medical management looked suspect to some observers. "There's obviously a problem [with staph] and we have to fix it," Winslow told the Cleveland Plain Dealer. "Just look at the history around here. It's unfortunate, because it happens time and time again." The Browns, who denied that they had kept the news of his infection from his teammates, suspended Winslow one game for his rant, which included...

Author: /time Magazine | Title: A Slew of Staph Infections Tackles the NFL | 10/25/2008 | See Source »

...effort to free international trade and fund postwar reconstruction, the member states agreed to fix their exchange rates by tying their currencies to the U.S. dollar. American politicians, meanwhile, assured the rest of the world that its currency was dependable by linking the U.S. dollar to gold; $1 equaled 35 oz. of bullion. Nations also agreed to buy and sell U.S. dollars to keep their currencies within 1% of the fixed rate. And thus the golden age of the U.S. dollar began...

Author: /time Magazine | Title: Bretton Woods System | 10/21/2008 | See Source »

...Fix It We are now facing a liquidity problem, a solvency problem and a macroeconomic problem. We are in the first phase of a downward spiral. It is, of course, part of the inevitable process of adjustment: returning housing prices to equilibrium levels and getting rid of the excessive leverage (debt) that had kept our phantom economy going...

Author: /time Magazine | Title: Nobel Laureate: How to Get Out of the Financial Crisis | 10/17/2008 | See Source »

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