Friday, 30 August 2013

Economy News Headlines - Yahoo! News: Olympics-IOC top job up for grabs as VP Bach eyes win

Economy News Headlines - Yahoo! News
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Olympics-IOC top job up for grabs as VP Bach eyes win
Aug 31st 2013, 01:00

By Karolos Grohmann Aug 31 (Reuters) - The departure of International Olympic Committee president Jacques Rogge after 12 years with his sure hand on the tiller marks the end of an era for the global sports organisation, and sees six candidates vying to replace him on Sept. 10. Rogge, a Belgian surgeon, who took over from Juan Antonio Samaranch in 2001, steered the IOC through the reputation-damaging 2002 Salt Lake City Games bribery scandal fallout, and oversaw the organisation's trend-bucking financial growth as the economic crisis of the late 2000s bit into sports revenues. ...

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