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Cheap Seats Daily: Could Car Wash Contest Be Snyder Punishing Redskins Cheerleaders for Promoting Rival WJFK?

spl-SpongeTech5Another day, another update on Dan Snyder's Cheerleader Car Wash Sweepstakes. Another chance to run that fab/yucky photo from Snyder's WTEM promotion, the one that's sucked in some of the most brilliant minds in new media to our humble comments section.

Seems Snyder doesn't really care who he jumps in bed with these days. His partner in the contest, which forces Redskins cheerleaders to put down their pom poms and pick up sponges and go service his radio station's 25-54 year old male demo, was a sponge company called SpongeTech Delivery Systems, Inc.

Well, just as the cheerleader pride giveaway was heating up, Snyder's ally gets nailed for all sorts of alleged shadiness by federal regulators: The Securities and Exchange Commission suspended trading on SpongeTech stock this week because of sketchy reports and non-filings of required documents.

(AFTER THE JUMP: SpongeTech's the Six Flags of the sudsy set? SpongeTech's so messed up it makes Snyder look like a fab businessman? Are Redskins cheerleaders being punished? Is WJFK punishing WTEM in the ratings? Can Mike Wise punish Tony Kornheiser? Is Anacostia/Eastern the Good Counsel/DeMatha of crumminess?)

Read More "Cheap Seats Daily: Could Car Wash Contest Be Snyder Punishing Redskins Cheerleaders for Promoting Rival WJFK?" »

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