Pál Schmitt won gold medals in fencing at the 1968 and 1972 Olympics, and in 1992 wrote his doctoral dissertation on the Modern Olympiad. He stepped down as President today, after his alma mater stripped him of his degree after it came to light that he had plagiarized more than 90 percent of his dissertation. And if this story needs some good old fashioned Olympic corruption, Schmitt was in 1992 head of the Hungarian Olympic Committee, and multiple members of that committee were on the board evaluating his thesis.

The IOC will investigate to see if Schmitt, still a member, should be disciplined. Don't worry everyone, the IOC is on top of things. [Telegraph]