The Loop

Is Padraig's year even worse than it appears?

November 29, 2009

Padraig Harrington won two major championships in 2008 (the British Open and the PGA Championship), though his encore was less than stellar as he attempted to retool his swing to improve upon a career year. He failed to win in 2009, which might have been the least of his problems.

Harrington and an Irish businessman Dermot Desmond have taken a $26.5 million hit on a failed technology firm, U4EA Technologies, news outlets are reporting.

Lawrence Donegan of the Guardian has reported on it in his blog, while citing this report from Ireland's Sunday Business Post.

-- John Strege