FBI, SEC investigate Mickelson in insider trading probe

Yeah, the smarm basically sweats from his pores.

 

^^^^^ It's comments like these that make this site worth reading.

It's comments like this that make this board worth reading.

 

I think the dislike for Mickelson is very similar to the way everyone wanted the other shoe to drop with Steve Garvey in his prime -- which it did, in spades.

As Adam Ant once asked, "You don't drink, don't smoke, what do you do?"

 

subtle innuendos follow
there must be something inside

 

Phil Mickelson's Insider-Trading Escape - Golf Digest

 

This is a shockingly bad article by Toobin.

First, and most important, he completely misunderstands the Supreme Court opinion he claims could have led to Mickelson being prosecuted, if only it had been issued earlier. He says: "In a unanimous decision in December 2016, the Supreme Court rejected the Newman rule and held that recipients of inside information could be prosecuted even if they didn't know what the original tipper received." Wrong. The Supreme Court expressly declined to answer that question. From the first footnote of its opinion: "The Second Circuit also reversed the Newman defendants’ convictions because the Government introduced no evidence that the defend- ants knew the information they traded on came from insiders or that the insiders received a personal benefit in exchange for the tips. 773 F. 3d, at 453–454. This case does not implicate those issues."


Second, how can he know that Davis "lied" when he spoke to investigators the first time, and not that he merely changed his tune later only to curry favorable treatment?