Ouch! Pain Coming to Lance Armstrong's Pocket Book

Once thought to be worth in excess of $100 million dollars, Lance Armstrong lost around $30 million in endorsements almost instantly. Bloomberg's Ryan Chilcote reports.
Trouble for Social Media Stocks?: Bloomberg West (05/01)
35:40 - Full episode of "Bloomberg West." Guests: RBC Capital Markets Managing Director Mark Mahaney, Joint Center for Energy Storage Research's Jeff Chamberlain, Jaunt Studios President Cliff Plumer, Jaunt CEO Jens Christensen, Golden Gate Transportation's Denis Mulligan and Teespring CEO Walker Williams. (Source: Bloomberg)
  • Fed Expected to Move in September: BlackRock's Rieder
  • 'Buying Opportunities' in Europe, China Stocks: Gaud
  • No Misconduct in Strange Australian Dollar Moves