Sunday, August 30, 2009
Stanford Financial Fallout has Implications for Vijay Singh, PGA & LPGA
Texas billionaire, R. Allen Stanford is the latest swindler accused of bilking investors out of billions of dollars. Stanford is under investigation for $8 billion in fraud. Two months ago Bernard Madoff was accused of bilking investors out of as much $50 billion in a massive ponsi scheme
Stanford who controls Stanford Financial is accused of perpetrating an $8 billion investment fraud?offering investors?unrealistic returns in certificate of deposit products offered through Stanford Financial.
The fraud allegations may have a direct impact on the PGA, LPGA and PGA Tour player Vijay Singh.
Just last month, Sing signed a three year endorsement deal with Stanford Financial, featuring the Stanford logo on his hat, apparel and golf bag.
Stanford financial also is a major sponsor of the PGA Tour`s St. Judes Financial Tour and of the LPGA Stanford Financial Tour. It is not immediately know of what will happen to the sponsorship of these events and whether any money paid by the Stanford Financial group would have to be given back.
Stanford Financial is a major sports sponsors of professional and collegiate sports, including golf, tennis, basketball and cricket.
Like Madoff, Stanford his high profile and reputation coupled with promise of high returns to lure in unsuspecting investors who now stand to lose significant amounts of money. Unlike Madoff`s investors who were investing in stock market type investments, Stanford`s investors were putting money into certificate of deposits, one of the safest places to deposit money and carrying $250,000 FDIC guarantees. The investment vehicle is used by individuals looking for higher returns then they can get in a savings account.
Buyer Beware! When investing or anything else remember, If it sounds to good to be true... It usually is!
Stanford touts their sponsorship of golf on their site, here is what they have to say:
The year 2007 ushered in the inaugural Stanford St. Jude Championship as Stanford Financial Group assumed title sponsorship of the Memphis PGA TOUR stop. The first two years with Stanford at the helm were a success by all accounts. The fields of play were the strongest in the tournament’s recent history, including participation in 2008 by reigning Masters Champion Trevor Immelman and reigning winner of the Players Championship, Sergio Garcia. In addition, the re-engineered strategies for the tournament were cited as a “Best Practices” model by the PGA TOUR and golf industry.
With Stanford as title sponsor, the golf tournament saw an increase in attendance, television coverage and, most importantly, an increase in the donation to St. Jude. Earlier this year, St. Jude received a record donation of $1.76 million from the 2007 tournament, the largest donation in the 38 years that St. Jude has been the sole beneficiary of the Memphis PGA TOUR event. Proceeds from the 2008 Stanford St. Jude Championship, seen by more than one billion viewers via The Golf Channel and CBS, are expected to surpass this donation. The 2008 Stanford St. Jude Championship was won by Justin Leonard in an exciting sudden death playoff.
The 2009 Stanford St. Jude Championship is set for June 8-14 at TPC Southwind in Memphis.? Learn more at www.stanfordstjude.com.
Stanford Financial Tour Championship
Stanford is further expanding its presence in golf by becoming the new title sponsor of the LPGA’s Tour Championship. We are extremely proud to support this prestigious event on the LPGA Tour calendar and look forward to bringing the very best in women’s golf to Texas. The 2009 Stanford Financial Tour Championship will be held November 17-22.
The field for the inaugural Stanford Financial Tour Championship is incredibly strong with more than 120 LPGA professionals slated to compete in a 72-hole stroke play competition. The championship event will feature a $2,000,000 purse and will be televised live by the Golf Channel and NBC Sports.
Stanford’s support of the LPGA Tour Championship complements our existing golf sponsorship portfolio which includes the Stanford St. Jude Championship in Memphis and endorsements deals with FedExCup Champion Vijay Singh and FedExCup Runner-up Camilo Villegas, as well as rising LPGA Tour star Morgan Pressel. Stanford also has expanded its signature Eagles for St. Jude program to include the LPGA. With the program, Stanford makes a $1,000 donation to St. Jude Children’s Research Hospital? for every eagle made during the LPGA and PGA TOUR season.
Saturday, August 29, 2009
Golf Lesson - Wind & Rain #2 - Preparation
Friday, August 28, 2009
Interview with Lee Westwood's mental coach Dr. Karl Morris
 | In this episode Andy Brown is joined by Dr Karl Morris one of Europes top golf mental game coaches. Karl works with the following players: Darren Clarke, David Howell, Lee Westwood, Paul mcginley, Graeme mcdowell, Richard Finch, Phil Archer, Alison Nicholas and Trish Johnson. | From:golf Views:1855    18ratings |
| Time:19:45 | More inSports |
Wednesday, August 26, 2009
Golf Lesson - Wind & Rain #4 - Preparation - Rain Suit
 | Golf Lesson - Wind & Rain #4 - Preparation - Rain Suit | From:golf Views:637 2ratings |
| Time:01:25 | More inSports |
Yes Wie Can! Ties Stanford for Lead at Turtle Bay
Q-school might have done Michelle Wie some good, as she is off to a great start to the 2009 LPGA Tour season. Wie shot a 2-under 70 on the day to tie round one leader Angela Standord through two rounds at the SBS Open at Turtle Bay.
Wie birdied three consecutive holes for the second straight day and goes into Saturday's final round in position not only to win the tournament but to wipe out some of the demons of the past couple years.
Stanford had a clean second round but managed only one birdie on the day to finish with a 1-under 71, giving up her first round, one stroke lead to Wie.
Angela Park is one stroke back of Wie and Stanford, finishing with a 4-under 68 on the day.
Wie is not the only LPGA rookie gettign off to a quick start. Vicky Hurst, one-under 71 on the day and Stacy Lewis, 2-under on the day, are five strokes back of the leaders with a 3-under through two rounds. Hurst and Lewis are in a fifth place tie with the women's second ranked golfer, Yani Tseng.
Tseng had a rough second round, carding a double-bogey on the par-4 10th hole and two bogeys on the day, finishing with a 3-over 75 on the day.
Tuesday, August 25, 2009
Golf Lesson - Castaway
 | This new Golf is Hard TV episode features Coach Dave talking about casting the club head for better distance and control. Forget what you've learned! | From:golf Views:2552 7ratings |
| Time:07:24 | More inSports |
Ping G15 Driver, Fairway Wood, Hybrid Review by Golfalot.com
 | Ping G15 Driver, Fairway Wood, Hybrid Review by Golfalot.com | From:golf Views:3023 6ratings |
| Time:05:46 | More inSports |
Monday, August 24, 2009
Sunday, August 23, 2009
Ping i15 Irons Review by Golfalot.com
 | Ping i15 Irons Golf Equipment News Review by Golfalot.com | From:golf Views:1494 6ratings |
| Time:01:17 | More inSports |
Flop Shot Lesson - Golf is Hard TV
 | Flop shots are pretty to watch, but hard to hit... learn more as Golf is Hard TV tackles the difficult flop shot! | From:golf Views:2661 7ratings |
| Time:07:34 | More inSports |
Saturday, August 22, 2009
Ball Position - Golf is Hard TV
 | Where you put the golf ball turns out is quite important... who knew! Golf is Hard Episode 58 takes a closer look at why an inch here or there makes a difference. | From:golf Views:2038 5ratings |
| Time:08:55 | More inSports |
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