"I would still say we are in a position where we can see lesser growth — but growth."
/The most disturbing thing about FBR pulling out of the Scottsdale stop (thanks Steven T.) is not that a penny stock investment group can't go on, but that the Commissioner is talking about "bumps in the road" and offering this as reported by Doug Ferguson. Finchem is discussing extensions with Travelers and Accenture during a press room gathering Tuesday:
"In these times, any level of growth is a victory," he said. "And if I had to guess right now where we come out after another year of this, I would still say we are in a position where we can see lesser growth — but growth."
Is the growth mantra is appropriate right now? I'm guessing Greg Norman suggesting this (thanks reader John) would not agree with Commissioner:
"Prize money's being scaled back in Europe, I wouldn't be surprised if prize money's scaled back in the U.S. just out of respect to every citizen and taxpayer over there who's suffering dramatically," the two-time British Open champion was quoted as saying Wednesday on the Australian Broadcasting Corp. Web site. "It seems like on the PGA Tour the players are still playing for a million dollars first week, like they're recession-proof.
"I think there's got to be a lot of sensitivity shown. If I was PGA commissioner that's what I would be recommending," he said.