Where Does Phil Mickelson Go To Get His Reputation Back?
mitchellepner.substack.com
Two weeks ago, the New York Times and Wall Street Journal reported that golfer Phil Mickelson was under investigation by the SEC and FBI on suspicion of insider trading in Clorox stock. According to the initial reports, the federal authorities suspected that (1) billionaire investor Carl Icahn had tipped Las Vegas high roller Billy Walters that Icahn was about to step up his pursuit of a takeover of Clorox, (2) Walters, in turn, had tipped Mickelson about Icahn's plans for Clorox and (3) Mickelson had engaged in options trading on Clorox to take advantage of his insider information. The Wall Street Journal followed up with a
Where Does Phil Mickelson Go To Get His Reputation Back?
Where Does Phil Mickelson Go To Get His…
Where Does Phil Mickelson Go To Get His Reputation Back?
Two weeks ago, the New York Times and Wall Street Journal reported that golfer Phil Mickelson was under investigation by the SEC and FBI on suspicion of insider trading in Clorox stock. According to the initial reports, the federal authorities suspected that (1) billionaire investor Carl Icahn had tipped Las Vegas high roller Billy Walters that Icahn was about to step up his pursuit of a takeover of Clorox, (2) Walters, in turn, had tipped Mickelson about Icahn's plans for Clorox and (3) Mickelson had engaged in options trading on Clorox to take advantage of his insider information. The Wall Street Journal followed up with a