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I watched this very good documentory about Armstrong yesterday.
Think it gives a good idea what went on there.
https://youtu.be/Q03sc8Aoyk0
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Whats even more screwed up is how some people on these boards are actually all giddy and happy all this is all coming down. Pretty messed up if you ask me.
I didn't think it was going to be possible at my advanced age, so thank you Lance. You've helped me realize a dream.
Now, he didn't win, he was stripped of his wins, they were vacated, now he owes that money back to the insurance companies, not to mention it could be said he knowingly engaged in insurance fraud.
He also used public funds, as a team principal of the USPS team, to engage in illegal acts and illegal drug use/trafficking.
Lance Armstrong asked to repay $7.5m bonus to insurance firm
By Simon Austin
BBC Sport
A Texas insurance company will demand the return of $7.5m in bonuses from cyclist Lance Armstrong on Monday.
SCA Promotions covered a performance bonus paid to the American after he won his sixth Tour de France in 2004.
Now the International Cycling Union (UCI) has stripped Armstrong of his seven Tour titles, SCA will demand the money back from Armstrong.
SCA's lawyer Jeffrey M. Tillotson told BBC Sport: "We will make a formal demand for return of funds."
He added: "If this is not successful, we will initiate formal legal proceedings against Mr Armstrong in five business days (Monday 29 October)."
The insurance policy was taken out by Tailwind Sports, the then owner of the US Postal team, to cover performance bonuses that would be due to Armstrong if he won the Tour.
SCA refused to pay out the money because it argued Armstrong was not a clean rider.
Armstrong took legal action against the company and won, because the contract between the parties stipulated that the money would be payable if Armstrong was the "official winner" of the Tours from 2004 to 2006.
The company was forced to pay money relating to the bonus of $5m, plus $2.5m in interest and legal fees.
SCA will now attempt to recover that sum from Armstrong.
Tillotson added: "This is not a happy day for my client, but he feels Lance Armstrong has brought this upon himself."
On Monday, the UCI ratified the decision of the US Anti-Doping Agency (Usada) to strip Armstrong of his seven Tour titles - meaning the Texan can no longer be considered the "official winner" of those titles.
Usada had uncovered evidence that Armstrong was involved in "the most sophisticated, professionalised and successful doping programme" in the history of sport.
https://youtu.be/BOmepSCcmGk
Over six years ago, according to a "Sports Illustrated" writer, former Armstrong teammate Frankie Andreu testified that while visiting Armstrong in the hospital for treatment of testicular cancer in 1996, Armstrong told his oncologist that he had used “steroids, testosterone, cortisone, growth hormone and EPO [an illegal performance-enhancing drug].” The Sports Illustrated columnist wrote, "“Which testimony is more credible? Andreus’ or Armstrong’s? Ask yourself which party had the most to gain by lying. And why is that particular testimony significant? Because one of the possible side effects of prolonged steroid use is testicular cancer.”
Could Lance Armstrong be responsible for his cancer?
Pit Row
Shortly after the announcement, Bicycling caught up with some of the sport’s top team managers for their reaction to the news.
Cyrille Guimard, former team manager who directed riders to seven Tour de France titles, from 1976 to 1984:
“So Lance Armstrong has been stripped of all of his victories. OK, that’s fine; he clearly doped. But he was not alone: There’s a whole mafia-like system in cycling that facilitates doping, and we have to get to the bottom of it, even if it touches the highest level of the UCI. OK, Armstrong doped, but what about the money laundering? What about the rest of the Italian investigation in Padua?
“We need to put in place a system of amnesty so that everyone can come clean and we can truly start from scratch, because the real problem is, where do we go from here? We have to go to the end. Armstrong is not the only Tour winner who doped. We will have to go back to Indurain, and perhaps even beyond.
“Right now there is so much hypocrisy. You have a guy like Levi Leipheimer who speaks honestly about his doping, and he not only gets suspended but he also loses his job. That’s a sort of double indemnity—and it’s scandalous! Mr. Lefevere [Leipheimer’s boss at Quick-Step who recently terminated Leipheimer’s contract] has been involved in some ‘affairs’ himself and it is just scandalous that he fires Leipheimer. He just did it to make money for hiring Mark Cavendish. That’s wrong.”
Can/should we believe him? I would like to, but it is hard after they all lived the lie all those years, Levi truly seems like a really good dude though, always has.
Was it those who were not willing to be extorted?
Follow this link. You can view the seperate interviews where the documentory was based on:
[url]http://www.abc.net.au/news/2012-10-15/the-world-according-to-lance-key-…]
http://www.pressdemocrat.com/article/20121016/ARTICLES/121019643/1350?p…
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