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N.Y. TIMES REPORT SAYS USOC LACKING LEADERSHIP AT THE TOP

          The USOC "finds itself adrift in leadership, lacking
     direction to such an extent that some officials of the
     organization fear an impact on performance at future Games
     and a loss in confidence by corporate sponsors," according
     to Jere Longman of the N.Y. TIMES, who wrote that the USOC
     "has a reputation as a group that takes forever to make
     decisions, is heavily politicized and whose members often
     act out of self-interest."  One former USOC exec said that
     the organization "faces urgencies that, if not handled
     properly, could be 'a potential catastrophe.'"  The USOC has
     been governed by five different leaders in the past six
     years and has "struggled to raise money" since former Deputy
     Exec Dir of Marketing John Krimsky left two years ago after
     raising $2B over 15 years.  Longman: "At one point, a
     shortfall of as much as $90 million was feared for the 2000-
     4 quadrennium, although officials have since whittled that
     amount to $20 million on a yet-to-be approved $495 million
     budget."  Meanwhile, the USOC will begin meeting Thursday in
     Washington, DC, to elect a volunteer president and "perhaps
     name a permanent" CEO.  USOC VP Sandy Baldwin is running for
     USOC President against USOC member and Boston attorney Paul
     George, whose "style is to lead by accommodation."  Baldwin
     said, "I don't believe the organization is broke, but it
     needs to be fixed" (N.Y. TIMES, 11/26).

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