Even still, a massive public scandal such as this can seriously damage a brand. Just look at what happened to Susan G. Komen For The Cure when they brought on a rightwinger who was opposed to abortion, so decided to stop funding cancer screenings at any Planned Parenthood facility. They basically may as well fold up shop now.
Armstrong perpetrated a gargantuan fraud over many decades. He’s lost all of his endorsement deals and every one of his Tour titles. This isn’t small potatoes, it’s actually a huge deal. Even if the LiveStrong charity was a good organization before this realization made the news, it was run by a crook and a con man. That fact alone is enough to taint it so that even if it were to continue to do exactly as it has always done, it won’t matter a single bit to potential donors.
Those must be “Hell Salaries” more socially acceptable brother.
Inner Strickler is correct, it is irrelevant to doping. More a reflection on his character. As to your questions you can have your cake and eat it too depending on how you want to cut the numbers.
Income has fallen while salary expenses have risen. Reflection of poor donor response or poor management? IDK
Rates of return can be anything from abysmal to amazing depending on how you cut it that past few years. As much as 80% of donations were spent on program expenses. Which gives them a very good rating in the eyes of most charity watch groups. However LiveStrong does have exceptional merchandising income which can skew the number when they leave it out, as well as a habit of putting on rather lavish events with very high promotional and event costs, as well as merchandise manufacturing costs which all fall under program expenses.
The doping scandal hasn’t changed my mind at all. Lance is and always has been a self promoting prick who does an exceptional job floating others boats while making sure his floats the highest of all.
The cites provided by others more than prove the thesis of my O.P. He’s a whore, a user, a charlatan and a two bit hustler. No. Not two bit. A fucking mammoth greedy prick hustler.
You want to raise millions under the pretense of being a real star athlete and give every penny away to real research? Well, I would still call bullshit on the star quality but if you put your money before your testicles, at least you could try to hold your head up high.
That and Cartooniverse is being unduly harsh towards whores, who provide a valued service with only a small bit of deception involved.
My WAG is that Cartooniverse admired Armstrong for his achievements after dealing with cancer and now feels betrayed to find out that he (Armstrong) was a cheat all along.
You sound like a crazy person talking this way. What is wrong with you? You are taking this way too personally. And calling bullshit on the star quality? Based on what? Your personal sense of outrage, which is more appropriate to someone who deliberately ran over your puppy than someone who cheated at bike racing?
Do you start wishing impoverishment and cancer on everyone who does something you don’t like or is this reserved for famous athletes?
Gee all this negativity is making me question my decision to order a LIVESTRONG bracelet last Monday. I was hoping to get lots of kudos when I start wearing it. Perhaps I won’t. Anyhow I’ll let you know.
doh. Everybody knew he had been using drugs. So did everyone else in the business, including all his predecessors back to the thirties. It’s pretty stupid to go and play all surprised all of a sudden. It takes nothing away from his winnings.
I think Carlos Sastra might dispute that, since he is one of those would was the highest placed non-cheating Tour rider, perhaps he may feel that he should have been considered one of cycling’s all time greats instead of the 7 or 8 cheats in front of him
Maybe. When someone you look up to is revealed to be a lying piece of shit, you either get really, really angry or go into complete denial, retreat into a fantasy world of outlandish excuses, and begin experimenting with disposable absorbent cloth paraphernalia.