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Tuesday, Jan 15
A Lance Armstrong confession to Oprah Winfrey on her show covering his long record of...
A Lance Armstrong confession to Oprah Winfrey on her show covering his long record of systematically doping could create collateral damage for Nike (NKE +0.6%) with a flurry of lawsuits likely to crop up. The company, which sponsored the cyclist for years, is already tangentially involved with a deposition on record in which it's alleged a $500K payment from the company to an Union Cycliste International official was for a coverup