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Lance Armstrong drama—the San Francisco connection

Tuesday, January 15, 2013

His mea culpa interview with Oprah Winfrey, to air Thursday, in which he reportedly admits to doping, likely won’t be the only big shoe to drop in connection with Lance Armstrong. Federal investigators are pursuing possible fraud claims against the disgraced cyclist and to that end have subpoenaed legendary San Francisco financier Thomas Weisel, 71, founder-owner-chairman of Tailwind Sports. That’s the holding company for the U. S. Postal cycling team that Armstrong led to his seven Tour de France victories. Matt Smith and Lance Williams at the Center for Investigative Reporting write about it at CIR’s The Bay Citizen.

Wiesel, founder of Montgomery Securities and co-chairman of Stifel Financial Corp, is perhaps best known for taking public Yahoo and Amgen.

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