Xavier Nady: "I hit .300 last year. Stop asking me who the F--- I am"
Actually, only one of these statements is true. But both of these Yankees outfielders are feeling the pinch of the recession, as they find themselves on the south side of another financial advisor scam. I usually have little sympathy for multi-millionaire outfielders...or anyone attached to the Yankee organization...but man, they got SSCCRREEWWEEDD.
Damon and Nady are among the investors whose assets were frozen this week after the feds raided Stanford's Houston offices and the Securities and Exchange Commission accused Stanford of fraud involving the sale of $8 billion in certificates of deposits that boasted unusually high returns.White-collar criminals are getting greedy: you can get away with swindling $5 million. But once it goes over a billion, you're entering Bond villain territory.
Nady said "all my credit-card accounts are frozen right now because of that situation. I'm trying to get an apartment in New York. I can't put a credit card down to hold it."