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Wall St. Meltdown Creates Issues For Naming Rights

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Sep 30, 2008 3:44 pm US/Eastern

Wall St. Meltdown Creates Issues For Naming Rights

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NEW YORK (AP) ―

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The meltdown on Wall Street is extending into the worlds of sports and entertainment.

Teams, venues and arenas have received millions of dollars from banks in return for splashing their names across their buildings.

The Wachovia Center in Philadelphia, the WaMu Theater at Madison Square Garden and the WaMu Theater in Seattle are among the venues with names facing an uncertain future.

With the AIG name still on their jerseys, the soccer players of Manchester United, a British team, face the unusual prospect of advertising a failed company that is now under the control of the American government.

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