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...This isn't some kind of prank, right? "We're not viewing this as a joke at all," says Crowley. Colbert really is throwing U.S. Speedskating a lifeline. The Dutch bank had been the U.S. team's most generous benefactor (speedskating is huge in the Netherlands), but a run on the bank caused DSB to go under in mid-October, leaving U.S. Speedskating with a $300,000 budget shortfall. "The Olympics are our Super Bowl, Masters and Tour de France combined," says Derek Parra, a 2002 speedskating gold medalist who is now one of the coaches for the U.S. team...
...skaters should probably temper their enthusiasm, because Colbert isn't exactly cutting a check to U.S. Speedskating for $400,000. Over the next few weeks, the show will plug the sport regularly and feature speedskating in a few bits. The team is counting on the generosity of Colbert's audience, in both a down economy and around the holidays, when spare change goes to stocking stuffers. "It's a gamble," Crowley concedes. U.S. Speedskating was in preliminary discussions with a few sponsors, but none were willing to pay $100,000 for the suit space. And with the Olympics just...
Steven Begleiter isn't the only Wall Streeter to have hit pay dirt at the poker tables in Las Vegas. But he might become the first to claim the game's biggest prize - and in an odd way he owes it all to his former employer, the collapsed investment house Bear Stearns...
...acknowledges, but it's worth the cost. The median sale price of homes in Detroit has plunged from $59,700 in August 2005 to $8,000 just two months ago. "You could argue that one reason the homes are less expensive in the city is the level of services isn't as high," he says. "If there's some way we can make this a better place to live, these homes will actually be worth a lot more in the long term...
...move is a big gamble uncharacteristic of the typically cautious Reid. "I don't bring anything to the floor unless I think I have the votes," he said on Oct. 21. Yet Reid isn't sure he has the votes to bring this bill to the floor, and it's looking unlikely that he'll have enough support to overcome a Republican-led filibuster. Snowe has said the inclusion of Schumer's provision makes it "difficult" for her to vote yes. Senator Joe Lieberman, a Connecticut independent who caucuses with the Democrats, has said he cannot vote for the bill...