Tiger Woods has finally broken his silence after being caught playing a few extra holes last year. But who in financial services should have to apologise for their "indiscretions" in helping bring the world's economy almost to its knees?
Woods's suitably-humble apology was given to a ‘few close friends'. And every broadcast network in the world. The scandal, which broke in such theatrical fashion when his furious, golf club-wielding wife chased his car off the road, has already cost the golfer millions in lost sponsorship deals on top of a reported £300m payment specified in his pre-nup. Humility and remorse now might go some way to resurrecting his image and protecting that income, but why should his market value really be affected in the first place. Surely a man who is only a public figure on the golf course sho...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
