Europe

The Curse of the Olympics

Money Pit

Tokyo has been named host city of the 2020 Olympics, beating out Istanbul for the win. But hold the applause—the games are cursed! Nico Hines on why they're such a bad business.

articles/2013/09/07/the-curse-of-the-olympics/130907-tokyo-olympics-cheat_ck659o
Shizuo Kambayashi/AP,Shizuo Kambayashi

As the owner of a small business, Joe Stillion, thought the construction of the 2012 Olympic Park in the middle of his neighborhood was bound to be a money-spinner.

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