June 3, 2015
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3:02Now Playing"Sepp Blatter, who proclaimed to the world that he was “president of everybody” after winning a fifth term as head of FIFA on Friday, will soon be nobody’s president.
In a stunning turn, Blatter, who seemed to hold so firm to the stance that he, and he alone, could clean up the corrupt organization that he presided over, announced on Tuesday that he would step down as FIFA’s leader, a position he has held since 1998. An extraordinary FIFA congress will meet to elect a new president: the head of FIFA’s audit committee said the timing of the election is “likely to be between December and March.”
Reality got the best of Blatter. Three days after the U.S. government indicted nine FIFA officials for racketeering, wire fraud and money laundering, FIFA’s membership somehow granted Blatter another term. Blatter’s largesse, in the form of grants to so many tiny nations around the world, bought enough votes to clinch a victory that would last all of four days."
Read more here:
Cenk Uygur (), host of The Young Turks, breaks it down.
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