Why shouldn't Vijay Singh keep wearing his Stanford Financial hat?

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Back in February, I wrote about one of the stranger elements of the Stanford Financial ponzi scheme scandal: PGA Tour star Vijay Singh was still wearing his Stanford Financial hat, as though nothing had happened.



It turns out he's still wearing it, and the New York Post explains why:

Nope, the word is that Singh is just stubborn and -- here's a word you don't hear often these days -- loyal. And, oddly enough, I find that sort of refreshing even if the allegiance is to an alleged thief.

Singh's representatives say "Vijay is staying with the status quo until there is something more definitive re: Stanford." Hats off to him.

But here's the other thing: Vijay has a contract that he has a responsibility to fulfill and, weirdness aside, there's really no harm in wearing the Stanford cap. Anyone who sees his cap and decides they want to buy some of Stanford's high-yield CDs can log-on to the Stanford Financial website -- and be informed that the firm has been shut down and thrown into receivership.

So as long as he's already been paid, why run the risk of violating the contract and being forced to send back the money? It's not like taking off the hat would help anyone; it only makes things more complicated.

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Last updated: February 10, 2010: 04:08 AM

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