Vijay Singh Stays Unusually Loyal

Allen Stanford is the financier and head of the Stanford Financial ↵Group recently accused of bilking investors of over $7 billion in a ↵ponzi scheme run from Antigua. How anyone did not see this coming is ↵beyond me, but it's proof that the rich are just as stupid as the ↵poor, just with sexier cars to crash when things go wrong. An ↵Antiguan bank offered impossible returns? Give me 100,000 ↵shares! Humphrey, what is that delicious smell? Natural gas? No, don't ↵crack a window--it's delightful, and will go well with the cigar I'm ↵about to smoke! ↵

↵Stanford is currently in federal custody. His financial empire is ↵unraveling as the SEC looks into his mostly fictional accounts, his ↵life is disintegrating, but he does have one ace in the hole, and a ↵mightily weird one at that: Vijay Singh. Singh, who had an $8 million ↵endorsement contract with Stanford Financial, attempted to pay ↵Stanford's $500,000 bail for him. ↵

↵
↵⇥"Vijay's opinion is that Stanford has yet to be proven ↵⇥guilty and until then has chose to act supportively," said Dave ↵⇥Haggith, a spokesman at IMG, the management company that represents ↵⇥Singh. ↵
↵

↵Give Vijay credit: that's some la cosa nostra level loyalty ↵right there. Singh was not allowed to pay the bail as he is not a U.S. ↵citizen, but the signal sent to potential sponsors is an appealing ↵one: if you're a dodgy company possibly on the verge of being raided ↵by the feds, the one golfer most likely to stick by you after you're ↵accused of grandiose fraud is Vijay Singh. And if you're a company ↵looking for a golfer who doesn't have the cash to bail you out of ↵jail, but who might try to slip a file and blowtorch under the table ↵to you at visitation? John Daly is on line one whenever you're ready ↵to talk. ↵

↵

This post originally appeared on the Sporting Blog. For more, see The Sporting Blog Archives.

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