True confessions: Lance Armstrong comes clean

Lance Armstrong confessed last night in an interview with Oprah Winfrey to taking performance-enhancing drugs during his cycling career. Yesterday, the International Olympic Committee stripped Armstrong of his 2000 bronze medal and last fall cycling’s governing body, the UCI, took away his seven Tour de France wins after a report and recommendations by the United States Anti-Doping Agency. So why has Armstrong come clean about his doping now?  What are the legal and financial ramifications for a man who made millions off his superstar cycling status?  Finally, what does his confession mean for the sport?  We’ll talk with DANIEL COYLE, co-author of “The Secret Race: Inside the Hidden World of the Tour de France: Doping, Cover-ups, and Winning at All Cost”, and JULIET MACUR, sports reporter for The New York Times.

AP Photo/Tertius Pickard, File