Word: romario
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Come next Super Bowl, most Americans will not remember the name of the Brazilian player who elbowed American star Tab Ramos in the head, sending him to the hospital with a concussion. (For future bar bets, it's Leonardo.) But they will remember that Bebeto's and Romario's skills with a soccer ball rival the gifts Michael Jordan brought to basketball. The ball did everything they told...
Brazil's foreign creditors usually demand payments in a hard currency, such as U.S. dollars. But Philips, the giant Dutch electronics firm, had a different idea. The company cashed in $4 million worth of Brazilian loans for 1.5 billion Brazilian cruzados to buy a tangible asset: soccer star Romario Farias. The 22-year-old player, who led Brazil's team to a silver medal in the Olympics, has signed a three-year, $900,000 contract to play for PSV Eindhoven, a Dutch team sponsored by Philips. Frustrated Brazilian fans are wondering: Will their country try to solve its debt crisis...