Dynamic Wealth Management Headlines: Ex-teammate: Lance Armstrong encouraged doping

Lance Armstrong’s former teammate, Tyler Hamilton, says Armstrong and other team leaders encouraged, promoted and took part in a doping program in an effort to win the Tour de France in 1999 and beyond, according to a report aired tonight on “60 Minutes.”

Hamilton said he saw Armstrong take performance-enhancing drugs,EPO and testosterone and also saw him receive a banned blood transfusion in 2000.

“I feel bad that I had to go here and do this,” Hamilton said in his first public admission of doping throughout his career. “But I think at end of the day, like I said, long-term, the sport’s going to be better for it.”

• Related: Drew Sharp on Lance Armstrong

In the interview, portions of which were aired Thursday and Friday on “CBS Evening News,” Hamilton revealed other observations about the U.S. Postal team operation:

&bulll;Team leaders, including doctors and managers, encouraged and supervised doping;

•Doping was going on inside the U.S. Postal team even before Armstrong joined in 1998;