"That's approximately 40 percent of the primary-event sponsors."

Thanks to reader Steven T. for Bill Huffman's look at the struggles of FBR, title sponsor for the PGA Tour's Scottsdale stop. Huffman leads with this:

With America's financial sector struggling mightily, it is significant to note that 15 of 37 PGA Tour regular-season events - major championships and fall season excluded - are sponsored by banks or investment firms.

That's approximately 40 percent of the primary-event sponsors. 

And this is not good for an overpaid VP who wants to be the next severely overpaid Commish:

Rick George, the executive vice president and chief of operations for the PGA Tour, responded: "We're planning to have another great FBR Open again next year."

Asked if the PGA Tour was aware of FBR's financial struggles, George, who took over his new duties just a few months ago, said: "No, I'm not in tune with that."