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Dates: during 2000-2009
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Hancock is such a universally liked guy that when his new job as head of the BCS was announced on Nov. 17, there was a collective cringe in the college sports world. Bill, say it ain't so! We're coming up on that time of the year when the entire country complains about the stupidity of the BCS, which relies on votes from coaches, sportswriters, and indecipherable computer formulas to decide which two teams get to play each other in the national title game. This year, the picture is particularly muddled, as five schools have the potential to finish...

Author: /time Magazine | Title: Can a Good Guy Fix College Football's Worst Thing? | 11/26/2009 | See Source »

Marrazzo's scandal is the third major public controversy in four years involving prominent Italian men and transgender prostitutes. In 2005, Lapo Elkann, the grandson of the former head of the Fiat auto dynasty Gianni Agnelli, was rushed to the hospital when he overdosed on cocaine at the Turin apartment of a transsexual prostitute. (He survived.) Two years later, photographs surfaced of Silvio Sircana, chief spokesman for then-Prime Minister Romano Prodi, having a conversation with what appeared to be a transvestite prostitute on the outskirts of Rome. Sircana insisted he was not soliciting the prostitute...

Author: /time Magazine | Title: In Italy, A Sex Scandal to Rival Berlusconi's | 11/26/2009 | See Source »

Still, the deepest discounting will likely come from retailers that sell electronics, books and toys, where competition from online vendors is fierce. Pricing wars have already erupted, with Walmart going head-to-head with Amazon. The two chopped prices on hot new hard-cover releases to less than $10 apiece for shoppers who preordered books on their websites. Similar price battles have been launched in toys and electronics, with Walmart's chief merchandising officer, John Fleming, proclaiming, "We're going to be the price leader for this holiday season." Best Buy's executive vice president of customer operating groups, Mike...

Author: /time Magazine | Title: Holiday Shopping: This Year It's a Game of Chicken | 11/25/2009 | See Source »

...Pets are a small-business success story. The toys are made by Cepia, a seven-year-old St. Louis, Mo., company with only 16 employees. "It's fascinating, as you talk to executives from other toy companies," says Storch. "They are thumping themselves on the side of the head, wondering, 'How did I miss this...

Author: /time Magazine | Title: Zhu Zhu Mania: Hamster Toys Are Ruling Christmas | 11/25/2009 | See Source »

There was a new face at the table when President Barack Obama conducted his ninth war council on Afghanistan shortly before Thanksgiving: Peter Orszag, head of the Office of Management and Budget. And the appearance of the Administration's chief bookkeeper at what is likely to be the final meeting of a war cabinet assembled to make the key decisions on the future of the U.S. commitment in Afghanistan sends a signal of growing concern over the cost of sending some 30,000 more troops into the fight...

Author: /time Magazine | Title: Obama Weighs the Cost of an Afghan Surge | 11/25/2009 | See Source »

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