Jeff Cappelletti had his faith in the financial markets shaken in 2008, when he couldn't extricate about $1 million of his firm's overnight cash from the Reserve Fund, the world's largest money-market mutual fund.
I am a huge American tennis fan. Alex Bogomolov is up to No. 34 in the world, but according to the ATP website, he is now Russian. What country is he playing for, and do I root for him? -- Matt, Syracuse, N.Y.
NEW YORK -- The best moment in American tennis this year? You could point to Serena Williams' stirringly tearful return at Wimbledon, or the flare-up of vivid, varied talents like Sloane Stephens, Madison Keys and Jack Sock last week at the U.S. Open. Some, of course, will focus on the three Yanks -- Andy Roddick, John Isner and 22-year-old Donald Young -- who made deep runs in the men's draw, despite all bowing out before the semis.
Why do Wimbledon and the other slams keep making announcements every year that they raised the prize money, isn't that a given at this point? And do we really care to know how many millions it's going to be? This must be the only sport where they announce prize money as some sort of PR move. --Patrick, New York
There are a number of ways for athletes to commit career suicide. Relentlessly bad play seems to work, along with a drunken car crash or a descent into drug-infested hell. Every so often, mere words do the trick. And if you're speaking from the outer edges of relevance at the time, well, you're Donald Young.
1. Double vision. If you did a -- we ask you to pardon the pun -- double-take looking at the Indian Wells doubles draw, well, you're forgiven. The doubles sub-circuit, province to the Bryans and a bunch of other guys familiar only to the hardest of hardcores, has been invaded by the big boys this week. Federer, Nadal, Djokovic, Murray -- nine of the top 10 singles players are also playing alongside a partner. (And, so far, dominating the rank-and-file doubles teams.) Are they relishing the extra match play after a long absence? Is there a financial incentive? Were they induced to play by Larry Ellison's clandestine offer of Oracle stock options? Whatever, it's great for the BNP Paribas event and for tennis overall. Here's hoping it's a trend and not a happy aberration.
1. Courier a great hire for USTA: In another victory for common sense, the USTA made a sound hiring decision, tapping Jim Courier to succeed Pat McEnroe as the Davis Cup captain. First, a clink of the glasses for McEnroe, one of the sport's good guys, who acquitted himself well over the past decade, leading the U.S. to a title and deftly avoiding the many political landmines. In Courier, the team gets a straight shooter with instant credibility -- he has four times as many Grand Slam singles titles as all eligible U.S. players combined -- and good rapport with the players. (That he is already agitating for a Davis Cup format change is a bonus.)
Can you and SI hold a design competition for a less expensive but workable roof for Arthur Ashe Stadium? I flat out do NOT believe a new roof cannot be added for less than $250 million. I believe old-fashioned ideas done the most expensive way would cost $250 million, but I believe hungry young architects trying to make a name for themselves could contribute many ideas of how to cover the stadium for well under $250 million. I remember years ago the Detroit Lions were worried about cost overruns for the Pontiac Silverdome and came up with a much less expensive air-supported roof that was radical at the time but let the stadium come in on time and under budget. If it can be done there, why not at Ashe Stadium? There must be ways to do it. Would you be willing to ask your bosses at SI if you can sponsor a non-committal design competition for an affordable roof? It would be great publicity for SI and just may get the U.S. Open a roof. -- Randy Lee Mayes, Bradford, PA.
I'm wondering if anyone else feels that Nicolas Mahut, considering the historic nature and the quality of the match he played against John Isner at Wimbledon, deserved the courtesy of a U.S. Open wild card? (he lost in the last round of the qualies). Whether it is the USTA, the ATP, or any other governing body, something should have been done to acknowledge the appreciation many have developed for this courageous and talented player. John Isner, of course, is admitted directly into the main draw (if he does actually decide to play with torn ankle ligaments). I've written a blog post on this subject on my website, which you may feel free to promote, thank you very much! --Steven Zynszajn, New York
When is the last time the two finalists of a Grand Slam event lost in the first round of the subsequent Slam? Francesca Schiavone and Sam Stosur both out in the first round of Wimby 2010? That can't have happened much. -- Jake Rupp, Manassas, Va.
1. He might not have the largest fan base and he might not rake in the endorsements, but it's awfully hard to deny Nikolay Davydenko his props. The Russian veteran won the Barclays ATP World Tour Finals in London, beating a "Who's Who" of men's tennis, including Roger Federer and Juan Martin del Potro in the final two matches. His powers of recovery were remarkable, as he played match after grueling match and still returned with sufficient reserves the following day. And, in a larger sense, his powers of recovery are admirable. He's returned from both injuries and an unfortunate controversy to reassert himself as a top-five player.
Complacency isn't in Ryan Thacher's vocabulary. Though he is the United States Tennis Association's top-ranked 18-and-under player, the Harvard-Westlake (North Hollywood, Calif.) junior is still hungry --literally.
Potomac (Md.) Churchill senior Jared Pinsky is seeking his third Maryland state singles tennis championship this spring -- and he probably would be going for his fourth had he not injured his back as a junior.