Tokyo's Olympic bid in a recession-weary world

The $7 billion that Tokyo's governor, Shintaro Ishihara, estimates it will cost his city to host the Olympic games in 2016 is small compared to the $40-billion-plus that neighboring China splurged on Beijing last year. Tokyoites, however, might regret letting their combative city boss invite the rest of the world over. See full report from Forbes