IN: Sachin Ramesh Tendulkar ( ( listen); born 24 April 1973) is a former Indian international cricketer and a former captain of the Indian national team, regarded as one of the greatest batsmen of all time. The highest run scorer of all time in International cricket, Tendulkar took up cricket at the age of eleven, made his Test debut on 15 November 1989 against Pakistan in Karachi at the age of sixteen, and went on to represent Mumbai domestically and India internationally for close to twenty-four years. He is the only player to have scored one hundred international centuries, the first batsman to score a double century in a ODI, the holder of the record for the most number of runs in both Test and ODI, and the only player to complete more than 30,000 runs in international cricket. In 2002, halfway through his career, Wisden Cricketers' Almanack ranked him the second greatest Test batsman of all time, behind Don Bradman, and the second greatest ODI batsman of all time, behind Viv Richards.

The drawn series as India toured Australia in 2003-04 saw Tendulkar making his mark in the last Test of the series, with 241 not out from 436 ball by 33 four at strike rate of 55.27 in Sydney, putting India in a virtually unbeatable position. He spend 613 minute at crease.India have a first inning score of 705/7. He followed up the innings with an unbeaten 60 in the second innings of the Test. Prior to this Test match, he had had an unusually horrible run of form, failing in all six innings in the preceding three Tests. It was no aberration that 2003 was his worst year in Test cricket, with an average of 17.25 and just one fifty.  Tendulkar scored an unbeaten 194 against Pakistan at Multan in the following series. Indian captain Rahul Dravid declared before Tendulkar reached 200; had he done so it would have been the fourth time he had passed the landmark in Tests. Tendulkar said that he was disappointed and that the declaration had taken him by surprise. Many former cricketers commented that Dravid's declaration was in bad taste. After the match, which India won, Dravid said that the matter had been discussed internally and put to rest.  A tennis elbow injury then took its toll on Tendulkar, leaving him out of the side for most of the year, coming back only for the last two Tests when Australia toured India in 2004. He played a part in India's victory in Mumbai in that series with a fast 55, though Australia took the series 2-1.  On 10 December 2005 at Feroz Shah Kotla, Tendulkar scored his record-breaking 35th Test century, against the Sri Lankans. After this, Tendulkar endured the longest spell of his career without a Test century: 17 innings elapsed before he scored 101 against Bangladesh in May 2007. Tendulkar scored his 39th ODI hundred on 6 February 2006 in a match against Pakistan. He followed with a 42 in the second One-Day International against Pakistan on 11 February 2006, and then a 95 in hostile, seaming conditions on 13 February 2006 in Lahore, which set up an Indian victory. On 19 March 2006, after being dismissed for only one run against England in the first innings of the third Test in his home ground, Wankhede, Tendulkar was booed off the ground by a section of the crowd, the first time that he had ever faced such flak. Tendulkar ended the three-Test series without a half-century to his credit, and the need for a shoulder operation raised more questions about his longevity.  Tendulkar's comeback came in the DLF cup in Malaysia and he was the only Indian batsman to shine. In his comeback match, against West Indies on 14 September 2006, Tendulkar responded to his critics who believed that his career was inexorably sliding with his 40th ODI century. Though he scored 141 not out, West Indies won the rain-affected match by the D/L method.
QUESTION: what happened in 2003
IN: Born in rural Chambers County, Alabama (in a ramshackle dwelling on Bell Chapel Road, located about a mile off state route 50 and roughly six miles (9.7 km) north of Lafayette), Louis was the seventh of eight children of Munroe Barrow and Lillie (Reese) Barrow. He weighed 11 pounds (5 kg) at birth. Both of his parents were children of former slaves, alternating between sharecropping and rental farming. Munroe was predominantly African American, with some white ancestry, while Lillie was half Cherokee.

Despite Louis's lucrative purses over the years, most of the proceeds went to his handlers. Of the over $4.6 million earned during his boxing career, Louis himself received only about $800,000. Louis was nevertheless extremely generous to his family, paying for homes, cars and education for his parents and siblings, often with money fronted by Jacobs. He invested in a number of businesses, all of which eventually failed, including the Joe Louis Restaurant, the Joe Louis Insurance Company, a softball team called the Brown Bombers, the Joe Louis Milk Company, Joe Louis pomade (hair product), Joe Louis Punch (a drink), the Louis-Rower P.R. firm, a horse farm and the Rhumboogie Cafe in Chicago. He gave liberally to the government as well, paying back the city of Detroit for any welfare money his family had received.  A combination of this largesse and government intervention eventually put Louis in severe financial straits. His entrusting of his finances to former manager Mike Jacobs haunted him. After the $500,000 IRS tax bill was assessed, with interest accumulating every year, the need for cash precipitated Louis's post-retirement comeback. Even though his comeback earned him significant purses, the incremental tax rate in place at the time (90%) meant that these boxing proceeds did not even keep pace with interest on Louis's tax debt. As a result, by the end of the 1950s, he owed over $1 million in taxes and interest. In 1953, when Louis's mother died, the IRS appropriated the $667 she had willed to Louis. To bring in money, Louis engaged in numerous activities outside the ring. He appeared on various quiz shows, and an old Army buddy, Ash Resnick, gave Louis a job greeting tourists to the Caesars Palace hotel in Las Vegas, where Resnick was an executive. For income, Louis even became a professional wrestler. He made his professional wrestling debut on March 16, 1956 in Washington, D.C., defeating Cowboy Rocky Lee. After defeating Lee in a few matches, Louis discovered he had a heart ailment and retired from wrestling competition. However, he continued as a wrestling referee until 1972.  Louis remained a popular celebrity in his twilight years. His friends included former rival Max Schmeling--who provided Louis with financial assistance during his retirement--and mobster Frank Lucas, who, disgusted with the government's treatment of Louis, once paid off a $50,000 tax lien held against him. These payments, along with an eventual agreement in the early 1960s by the IRS to limit its collections to an amount based on Louis's current income, allowed Louis to live comfortably toward the end of his life.  After the Louis-Schmeling fight, Jack Dempsey expressed the opinion that he was glad he never had to face Joe Louis in the ring. When Louis fell on hard financial times, Dempsey served as honorary chairman of a fund to assist Louis.
QUESTION:
What did Mike Jacobs do with his money?