What were you thinking???
It's not that I've cheered for you through many seasons of victories and missed putts and not making the cut that I feel justified in asking. It's that this is the biggest case of stupid spending I've ever seen and I want to know...what were you thinking???
Here's a man who makes MILLIONS each year and going back to almost his pre-history as a pro golfer has pissed a lot of it away gambling. Not only pissed it away, but now has to pay the SEC over a million because he -- oh, how do I say this without falling off my chair in disbelief? -- acted on an insider stock tip from a known gambler to whom he owed a BIG chunk of money. A known gambler who got the insider tip from someone else who also owed him big bucks. Phil's SEC payment is to cover the profit he made on the insider tip, profit which was initially used to pay the gambling debt to the man who gave him the insider tip. Follow that? I wish I were making this up...I'd make a fortune on the book sale. Truth IS stranger than fiction.
Phil made a deal with the devil. He may come out unscathed legally after paying the SEC, but his golf game has taken a big hit into the rough. That's Phil's own doing -- the PGA and Phil's sponsors have been mum to date -- losing his touch with the game that brought him fame and fortune is the price he's paying for stupid spending, consorting with evil companions, and in general being a fool.
A classic case of more money than good sense. Take heed.
Penny Pincher
Sunday, May 29, 2016
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