In the photo above we see Tiger Woods in happier times as he’s helping to pitch Gillette products. Since then times have changed and Tiger’s personal brand has been tarnished by scandal, and Gillette is the latest premium brand to end its relationship with Tiger Woods.
Procter & Gamble Co. will not renew its endorsement deal with Tiger Woods at the end of the year, adding another name to the list of companies that cut ties with the golfer after last year’s revelations of marital infidelities.
The company used Woods, Roger Federer, Lionel Messi and dozens of other athletes as part of its three-year “Gillette Champions” marketing campaign. Gillette said Thursday it was phasing out that program and not renewing the contract with Woods and several other athletes. It stopped using Woods himself in the campaign months ago.
This episode of course highlights the risks of celebrity endorsements though the Gillette campaign seemed like a pretty good one.
This video describes how the city of Cleveland, and one housing court judge, are dealing with the massive foreclosure crisis. In particular, the city is tearing down condemned homes and making the owners and the banks cover the cost.
Poker fans all over American suddenly become interested in politics now that Senate Majority Leader Harry Reid is trying to slip in a provision legalizing online poker into the tax cut compromise.
Now some lawmakers want to allow U.S.-based casino companies to get into the game — and a cut of the $25 billion-a-year pie — by quietly pushing for a change in the law before the end of this year.
A draft bill, first reported by the Wall Street Journal and obtained by ABC News, would legalize online poker playing in the U.S., and establish licensing and reporting requirements for companies, as well as safeguards for consumers. It would also generate tax revenue from wagers, for state and federal governments.
Forms of online gambling other than poker would remain prohibited under the bill.
Legalization of online poker forums has long been sought by the U.S. casino industry which says federal gaming regulations have unfairly handicapped their business in a flourishing online marketplace and left American consumers vulnerable.
The problem is that the bill is rigged to favor established casino interests in Nevada, so you have many saying the bill isn’t fair and that it’s a payback to Reid’s campaign supporters.
That said, it’s ridiculous that millions of Americans are prohibited from participating in an activity they enjoy.
Where does it stand now? Many Republicans are against it – they want to tell you how you can live our life.
But Harry Reid insists he still pushing the deal in the lame-duck session. It’s an uphill climb, but anything can happen.