Earlier this week, the SEC accussed Texas billionaire R. Allen Stanford of fraud. At first blush, it seemed like just another domino in the collapsing U.S. economy. Today, we learn that Xavier Nady’s and Johnny Damon’s assets are frozen because of the ongoing investigation. According to Ken Rosenthal, Nady’s and Damon’s millions will probably emerge none the worse for the wear from this ordeal, but the two Yankee outfielders are having a tough time accessing their liquid capital right now.
River Ave. Blues » Yanks OFers hit by Stanford scandal