Lance Armstrong Agrees to Testify to Federal Authorities — Transcript

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1. 0:00well now to that big headline overnight
2. 0:01on Lance Armstrong just hours before the
3. 0:03deadline that would have meant he was
4. 0:05banned from cycling for Life ABC News
5. 0:08learned that Armstrong would in fact
6. 0:10cooperate with the anti-doping
7. 0:11investigation and that came shortly
8. 0:13after ABC's Neil carlinsky broke the
9. 0:15news of a federal investigation into
10. 0:17Armstrong and Neil joins us now with the
11. 0:20very latest on all of this good morning
12. 0:22Neil Amy good morning Lance Armstrong is
13. 0:24not a man who scares easily but sources
14. 0:26say one thing he apparently does fear is
15. 0:29jail and that may have been the
16. 0:30motivator to finally get him in the door
17. 0:32to speak with
18. 0:35authorities it is a stunning about face
19. 0:38at the very last minute just before his
20. 0:40deadline to talk to us anti-doping
21. 0:41authorities Lance Armstrong is giving in
22. 0:44and apparently will come clean in a
23. 0:47statement usada's CEO Travis Tigert
24. 0:49writes that Armstrong now wants to be
25. 0:52part of the solution and assist in the
26. 0:54effort to clean up the sport of cycling
27. 0:56the turn came just hours after ABC News
28. 0:59broke the the story that federal agents
29. 1:01are reportedly investigating Armstrong
30. 1:03for witness tampering obstruction and
31. 1:06intimidation serious federal crimes
32. 1:09based on allegations that Armstrong
33. 1:11threatened Witnesses who plan to expose
34. 1:13his big lie the reality is Lance
35. 1:15Armstrong did not want to be a
36. 1:17participant in any deal making and he's
37. 1:20he got scared coming clean to
38. 1:21authorities isn't like talking to Oprah
39. 1:24did you ever take banned substances to
40. 1:26enhance your cycling performance yes
41. 1:29Armstrong will have to do what he's
42. 1:30fought hard to avoid testifying under
43. 1:34oath with perjury charges at stake the
44. 1:36testimony could take days and will
45. 1:38require Armstrong to provide substantial
46. 1:41assistance to investigators meaning he
47. 1:43must name names who helped him get the
48. 1:46drugs who helped him hide and transport
49. 1:48them pass the drug tests and keep the
50. 1:50secret hidden for so long he will
51. 1:53essentially have to roll over on people
52. 1:55he seemed interested in protecting
53. 1:57Planet Armstrong is kind of a dark and
54. 1:59lonely place right now uh he's got major
55. 2:02problems a pile of civil lawsuits are
56. 2:05active as well including a class action
57. 2:07suit by people who bought Armstrong's
58. 2:09best-selling books defendants knew or
59. 2:12should have known these books were works
60. 2:14of fiction the suit
61. 2:16States us anti-doping authorities have
62. 2:19given Armstrong a two- we window to come
63. 2:21in and talk to them we'll see on the
64. 2:23possible upside for Armstrong the hope
65. 2:25that cooperating with authorities now
66. 2:27will somehow give him a break and help
67. 2:29out with some of his other many legal
68. 2:32problems