The International Olympic Committee (IOC) announced this week that they are one of the victims of the $50 billion investor ponzi scheme orchestrated by Wall Street financier Bernard Madoff. The organization estimates its loses to be around $5 million. IOC Chairman, Richard Carrion told the Associated Press that they have approximately $4.8 million at risk and anticipate a maximum loss. However, IOC spokeswoman, Emmanuelle Moreau added that the loss would have a minimum impact on the group’s future plans.
Bernard Madoff, the former head of the NASDAQ stock exchange, was arrested on December 11 (2008) and charged with securities fraud. He …read more

The International Olympic Committee (IOC) has pledged $1 million to the relief and recovery efforts of those affected by the 7.9 magnitude earthquake in China’s Sichaun Province on Monday. Said IOC chairman, Jacques Rogge, “I feel deeply for those affected and join in solidarity with the people of China.” The money will be funneled through the Beijing Olympics Organizing Committee.

3 April 2008 – Remaining four months must focus on integration to ensure Games-time delivery of seamless operations and timely decision-making.
The International Olympic Committee (IOC) Coordination Commission for the Beijing 2008 Olympic Games today concluded its tenth and final meeting with the Beijing Organising Committee (BOCOG) confident that BOCOG is on the right track with its preparations for this summer’s Olympic Games, which begin in just 127 days. The Commission, which is the body appointed by the IOC to oversee the operational aspects of the Games, spent three days (1-3 April) in the Chinese capital helping to guide the organisers …read more

23 March 2008 – The lighting of the Olympic Flame in Olympia tomorrow is a time to reflect on the role of the International Olympic Committee (IOC).
The main responsibility of the IOC is to deliver the best possible Olympic Games to the athletes, who deserve it.
We do this in a close and intense collaboration with the Beijing Organising Committee.
Awarding the Olympic Games to the most populous country in the world will open up one fifth of mankind to Olympism.
We believe that China will change by opening the country to the scrutiny of the world through the 25’000 media who will …read more

17 March 2008 – With the health of athletes who participate in the Olympic Games being of the utmost importance to the International Olympic Committee (IOC), the IOC’s Medical Commission has been appraising the air quality in the Chinese capital.
Over the past weeks, an analysis has been made of a set of data – including temperature, wind, humidity and SO2, NO2, CO, Ozone and PM10 readings – which were taken by the Beijing Environment Protection Bureau from 8 to 29 August 2007 and given to the IOC. The data have been evaluated on the basis of the WHO 2005 interim …read more

8 March 2008 – The International Olympic Committee (IOC) today joined in International Women’s Day and revealed the winners of its 2008 Women and Sport Awards.
During the Opening Ceremony of the IV IOC World Conference on Women and Sport in Jordan, IOC President Jacques Rogge announced that the World “Women and Sport” Trophy has been awarded to the first female and youngest Minister of Youth and Sports in Malaysia, Datuk Seri Azalina Othman Said. Azalina was honoured for boosting the number of women practising sport in Malaysia – and this just under four years since her appointment.
As well as the …read more

18 February 2008
WHAT:
The International Olympic Committee (IOC) will reveal on Thursday 21 February whether Moscow or Singapore will host the very first edition of the Youth Olympic Games in 2010.
The announcement will be made by IOC President Jacques Rogge at the Olympic Museum. The event will be webcast live on www.olympic.org and fed live from Lausanne.
WHERE:
Olympic Museum, Lausanne, Switzerland
WHEN:
Thursday 21 February from 11:00 GMT

It’s a bit of a long weekend for me probably because I’ve got too much time. Don’t believe me? Well, check out a few of the things that I’ve stumbled upon, feel free to just check out the ones that interests you:
Baptism of snow for the Olympic Games
Beijing 2008: Olympic ticket for three volleyball teams
How the U.S. can win Olympic gold in Vancouver
National sprint team still unsure of Beijing Olympic ticket
Barbara Kendall, an IOC member on course for Beijing 2008
Burke-Wilson would be perfect Olympic hockey ticket
VANCOUVER 2010: With Two Years To Go, VANOC Launches Volunteer Programme
Victory matters to Hoy …read more

I guess Lord Coe needs to make a decision, eh? Or does he, really?
What’s the fuss about? London’s East End Stadium. Apparently, officials have said that it will house London’s Athletics after the Olympic games since it is important to maintain a legacy for track and field but they also say that they’re not ruling out the possibility of a Premiership club like West Ham moving in.
But the mayor said that it’s impossible. Letting West Ham use the stadium, I mean. Supporting that the IOC will not allow any breach on the pledges made by London in their bid …read more