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...Consider the line up: local bank and Newcastle United sponsor Northern Rock had to be nationalized in February after it was caught short of cash when the money markets seized; on Sep. 12, Britain's third largest tour operator XL went bust leaving London club West Ham United without a shirt sponsor; and now insurance giant AIG, shirt sponsor at English and European club champions Manchester United, is teetering on the brink of collapse...

Author: /time Magazine | Title: A Casualty of the Financial Crisis: Sports Sponsorships | 9/17/2008 | See Source »

...Odierno, who had served as Petraeus' deputy for 15 months until February, returns for his third Iraq tour at a time when Washington and Baghdad are still hammering out the details of a contentious security pact to mandate the continuation of the U.S. mission next year, after the U.N. mandate that currently legalizes its presence expires in December...

Author: /time Magazine | Title: General Petraeus' Farewell: What He Leaves Behind in Iraq | 9/16/2008 | See Source »

...scandals. But when he became the Republican nominee, his across-the-board opposition suddenly became inconvenient. Aid to Israel and military housing is funded through earmarks, so McCain had to make it clear he'd protect those programs from cuts. He made a similar exception during his anti-poverty tour in April, when he visited an African-American community in Alabama that got ferry service through an earmark. He then met a Pennsylvania woman with ovarian cancer who was being treated through a clinical trial funded by an earmark; he assured her that program was worthwhile...

Author: /time Magazine | Title: Could McCain's Crusade Against Pork Backfire? | 9/15/2008 | See Source »

...Suspicions of fixed bouts arise occasionally, but lately the commitment and character of ranking sumo wrestlers has come under question. Mongolian yokozuna (grand champion) Asashoryu begged off from participating in a tour of Japan, citing an injury, but he was then filmed playing soccer at home in Mongolia, earning him a two-tournament ban. Last February, then-stable master Junichi Yamamoto was arrested on suspicion of ordering three wrestlers to beat a 17-year-old during a training session - the youth later died of his injuries. Yamamoto and the wrestlers were arrested and charged, and are awaiting trial...

Author: /time Magazine | Title: Scandal in Sumo Land | 9/12/2008 | See Source »

...Later, the brothers admitted that they had smoked marijuana in Los Angeles during a June sumo tour there. They later denied the admission; Roho said stable masters forced him to lie. Not everyone believed it in the first place. Michihiro Fujiwara, pharmacology professor of Kyushu University told TIME, "Generally, marijuana stays in the body for 72 hours to at the most one week." Still, police were unable to find any evidence of marijuana use when they searched the sumo stables of both wrestlers. With no marijuana found in their possession, it will be difficult to bring any criminal charges against...

Author: /time Magazine | Title: Scandal in Sumo Land | 9/12/2008 | See Source »

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