Gus Lubin and Samuel Blackstone
Business Insider
August 8, 2012

The secretive group that runs the Olympics is expected to earn a record $8 billion in the 2009-2012 quadrennial cycle, according to Sportcal.

Formed to promote “Olympism,” the International Olympic Committee doesn’t get rich off the Games, but they do enjoy themselves.

The 109-member Committee gets wined and dined by cities and corporations bidding for contracts, and they get treated like royalty at the Games.

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