While General Motors is making its case in Congress for an $18 billion bailout (didn’t GM need "just" $12 billion last week?), it’s trying to cut corners in other areas, such as its endorsement deal with Tiger Woods that paid Woods $7 million annually over the past nine years.
As one sage headline writer put it — "GM lays off Tiger Woods."
But Conan O’Brien had an even better crack about GM’s termination of its relationship with Woods during one of his monologues last week:
"General Motors announced that they are ending their endorsement deal with Tiger Woods. When asked why, a spokesperson for General Motors said: ‘Tiger Woods is successful, competitive, and popular. And that’s just not us.’”