Taking the Hit Fallout From the Global Credit Crunch has Landed On the Corporate Fairways and, As Alan Campbell Reports, Those at the Top of the Game Are Being Hit Hardest

Sunday HeraldMarch 26, 2009

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Summary


IT'S a sign of the times when the champagne corks stop popping in corporate hospitality.

Guests of the title sponsor have had to survive without alcohol at the Buick Invitational, which ends in California today.

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Extract


Taking the Hit Fallout From the Global Credit Crunch has Landed On the Corporate Fairways and, As Alan Campbell Reports, Those at the Top of the Game Are Being Hit Hardest

If this doesn't yet smack of the Great Depression, it's a further indication that things aren't as they were even six months ago. Whereas once the PGA Tour event, held at Torrey Pines, would have been a high-fiving, ra...

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