Tavistock Cup News!

Always one of my most cherished naps of the year, there's news on the annual matches between the rich guys from Lake Nona and the richer guys from Isleworth.  

Thomas Bonk wonders how Ernie Els can be too tired to play Bay Hill yet still can find the energy to play in next week's Tavistock Cup.

Speaking of the $3.88 million event, its founder and the lone funder of those carbon footprint killing helicopter rides for Tavistock contestants took a bath on the Bear Stearns collapse.

British billionaire Joseph Lewis made his fortune gambling on currencies. His recent investment in Bear Stearns (BSC, news, msgs) has turned out to be a disastrous bet.

The elusive septuagenarian is one the biggest losers from the New York investment bank's problems. In just a few months, he has lost almost all of the $1.1 billion he spent building up his roughly 9.6% stake in Bear, which agreed last night to be acquired by JPMorgan Chase (JPM, news, msgs) for just $2 a share.