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...hasn't always lived in such limelight. In fact, the national opprobrium he experienced after stumbling during the rings event at the 1988 Games in Seoul made him quit sport for manufacturing. His initial venture making jackets was a flop. "We had only one kind of material, in seven colors," he says. "It took us three years to sell them all." The experience made him see that it might be smarter to outsource design and production and concentrate on retail. He envisaged a chain of Li Ning shops, capitalizing on the goodwill that his name retained as memory...

Author: /time Magazine | Title: Follow the Leaders | 3/8/2010 | See Source »

...doctors, lawyers and other folks who are what the biz generally calls "high net worth" individuals. "The IRS has been concerned for decades that a combination of a global economy, the Internet, offshore banking, was really going to take offshore tax evasion from the old so-called 'gentlemen's sport' to tax evasion for the masses," says Mark Matthews, a former deputy IRS commissioner and now a tax attorney with Morgan, Lewis & Bockius LLP. (See the top 10 crooked CEOs...

Author: /time Magazine | Title: After UBS, Swiss Continue to Fight for Bank Secrecy | 3/5/2010 | See Source »

...nice thing about this is, of course, it gives us the opportunity to showcase the sport right here at Harvard,” coach Peter Brand said. “We’ll have the chance to bring in a lot of spectators and show fencing to the larger community...

Author: By B. marjorie Gullick, CRIMSON STAFF WRITER | Title: Fencing Teams Prep For Tourney | 3/3/2010 | See Source »

...face. Ultimate Fighting does have a set of rules to which all play must adhere, but even when the prohibitions against eye gouging and against kicking the head of a grounded opponent are accounted for, the result is still a fierce and brutal bout. An onlooker of sports could, over time, feasibly point out that the recent surge of interest in this sport is not altogether different from the popularity of professional wrestling, but there is, in fact, a key difference between the two. Whereas a great part of the fun of professional wrestling stems from the universally acknowledged truth...

Author: By Marcel E. Moran | Title: Ultimate Fighting’s Grim Role | 3/3/2010 | See Source »

While the popularity of the UFC may someday wane like any other secondary spectator sport in our culture, during its current moment of glory, it will send an unsettling message and provide an unsavory example of violence as substance. Even if our immunity from impressionability is as strong as we believe it to be, any dip in our ability to separate UFC from our own lives could have ultimately deleterious consequences...

Author: By Marcel E. Moran | Title: Ultimate Fighting’s Grim Role | 3/3/2010 | See Source »

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