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Luckily for speedskating, Colbert's audience tends to adopt his causes. He has raised at least $240,000 for the Yellow Ribbon Fund, which assists injured service members and their families. But even if the economics work out, the Colbert stunt could backfire. After all, if your sport becomes too intertwined with a comedy program, does it become a joke? "We talked about that," says Crowley. "We stressed to the Colbert staff that we have exquisite athletes who have trained their entire lives for that Olympic platform. They can't minimize that. They get it, and they recognize that...
...years ago Bob Slezak, the former chief financial officer of brokerage TD Ameritrade, finished 15th in the Main Event and a year earlier hedge-fund operator David Einhorn placed 18th. Bill Chen, an arbitrage expert at options-trading firm Susquehanna International Group, has won a couple of big-money tournaments and has been cited in at least one book for his "Chen formula" for winning at Texas Hold 'Em. Don't ask; Google it. (Read "What's Still Wrong with Wall Street...
...United Nations International Children’s Emergency Fund (UNICEF) estimated that 22 percent of the Honduran population lived in extreme poverty, earning less than $1.25 a day. The World Bank, which ranked Honduras as the third poorest nation in the Western Hemisphere, estimated in 2007 that over 59 percent of the population lives below the poverty line...
...renminbi (RMB). After allowing it to rise against the dollar by about 15% earlier this decade, China has since the onset of the crisis kept the RMB's value tightly pegged at about 6.8 to $1. Economists differ on how greatly undervalued the RMB is. The International Monetary Fund and World Bank contend that it's about 15%-25% below where it would be if it were allowed to float freely. Virtually all agree that it needs to move higher, both for China's sake and the sake of its trading partners. An undervalued currency reduces real household income...
...reality. "This is a matter of grave concern," says Noshir Dadrawala, one of the trustees. "Both the children have attendance below 40%. They are traveling all the time. I am not against their traveling, but they should travel over the weekends and not during the week." (See how a fund was set up for the Slumdog child stars...