Word: sec
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...could not. Bekele and Sihine surged ahead, breaking the competition and leaving Gebrselassie behind. Bekele accelerated into the final lap, scorching around the track in just 53.02 sec. to win in a time of 27:05.10. That's some 45 sec. off his world record, but it bested by two sec. Gebrselassie's Olympic mark set eight years ago in Atlanta. Gebrselassie struggled across the line in fifth in what he says will be his last 10,000-m race. He may now become a marathoner. The shy Bekele was giggling with happiness after the race, and he plans...
...free flow of information. But what happens when information floating around is false? In Thailand, stock-market regulators have decided that's bad for the market?and they're threatening punishment for spreading rumors in the financial community. New rules set down by Thailand's Securities and Exchange Commission (SEC) say stock analysts who issue "negative reports" or pass along rumors will face up to $12,000 in fines and two years of imprisonment. In addition, the commission has established guidelines for securities houses limiting who can speak to the media and what they can say. "We have a problem...
Aggressive and driven, Citron built and sold two hugely successful financial-services companies within 10 years, netting more than $200 million before he was forced out of finance by an SEC investigation that accused him of stock manipulation. He paid a massive fine--$22.5 million--but admitted no wrongdoing. Instead of slinking into well-heeled obscurity, he plotted his return, this time determined to shake up a new industry. Citron, 33, is now CEO of Vonage, which has become, in 18 months, the leading player in the explosive new market for home-phone service via high-speed Web connections, known...
Abdou Alassane Dji Bo's Olympic debut lasted just 1 min. 33 sec., but he didn't come out feeling like a loser. The 25-year-old judoist, the first from Niger ever to compete at the Games, crashed out in the first round of the 66-kg weight class, in a bout with Slovakia's Jozef Krnac that resembled a very fast two-man game of Twister. "Of course in my heart, it hurt to lose," Alassane says. But the point of this trip for Alassane - and for Olympic Solidarity (OS), the scholarship program that has given him more...
...Page defied conventional wisdom by launching an IPO that marginalized middlemen and flustered investment bankers. The end result of its Dutch-auction: the company raised $1.67 billion in cash and millions for its individual employees. But it wasn?t without some turbulence. Brin and Page ran afoul of the SEC, reduced the number of shares sold and slashed the offering?s price-range - to mention just a few of the final hour antics. At one point, given what seemed like sour demand, some speculated that Google might even call the whole thing...