Donors standing by Lance Armstrong’s foundation
The Association PressPublished Aug 28, 2012 06:14PM MDT
New York • Lance Armstrong’s reputation may be permanently stained but in the eyes of corporate and individual donors, his charity still wears an unsullied yellow jersey.
Armstrong announced last week he would no longer fight the doping allegations that have dogged him for years. He was subsequently stripped of his record seven Tour de France titles and banned from professional cycling.
But in the days after the announcement, the Lance Armstrong Foundation was showered with donations and pledges...