Sponsorship Woes Not Exclusive to LPGA Tour

by Ryan Ballengee on Aug 21, 2008 4:18 PM EDT

An article in the East Valley Tribune looks at the hard times faced by FBR, a DC based capital management firm and sponsor of the FBR Open - arguably the coolest event that isn't a major. In February, FBR laid off 75 of its 775 employees. Last week, another cutback reduced its work force by...