Problem: The time on my Windows 2008 Active Directory was 10 min fast. I have tried to change the time through the control panel but as soon as I would change it, it would change back to the old incorrect time.
Solution: Found out that I had to either do on of two things. 1. Change the time within the BIOS of my server. 2. Since my DC is a virtual server, I tried changing the time on the main server which hosts this particular server. Once I did that, I was able to set my Domain Controller to the proper time. Figured that it saw the host server as the BIOS.
6.11.12: Found these instructions on how to force your DC to synchronize with an external NTP server. Works for Windows Server 2008 (r2).