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Sports Biz
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Troubled firm Stanford Financial is quickly dropping out of the sports world.
The company continues to breach contracts as its assets are frozen due to the SEC probe and that means that anyone that has a deal with Stanford can disassociate from the firm.
We reported yesterday that golfer Vijay Singh still plans on wearing the Stanford logos on his hat and shirt, but other golfers have taken the logo off their clothing. Tiger Woods also dropped Stanford as a sponsor from his foundation.
Yesterday we reported that the company will no longer have signage on the back walls at the Sony Ericsson Open [SNE
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], the world's fifth largest tennis tournament which takes place at the end of the month.
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