“Thankfully not"

Some good news for the USGA from a post by Alan Bastable at golf.com on the Madoff financial scandal's ties to golf:

There’s also the matter of golf-oriented non-profits that might have had money tied up with Madoff. David Fay, the USGA’s executive director, told me the first thing he did when the scandal broke was to check if the USGA had entrusted any of its sizable portfolio to Madoff. “Thankfully not,” he says.