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Fri May 30, 2014, 11:31 PM

Insider trading inquiry includes Mickelson and Icahn

Source: New York Times

The divergent lives of a championship golfer, a high-rolling gambler and a billionaire investor have collided in a federal insider trading investigation.

Federal authorities are examining a series of well-timed trades belonging to golfer Phil Mickelson and gambler William T. Walters, people briefed on the investigation said, focusing on trading in two stocks. The authorities are also questioning what role, if any, that investor Carl C. Icahn may have had in sharing information about one of the stocks, of consumer products company Clorox.

Mickelson, a three-time winner of the Masters and one of the country’s highest-earning athletes, placed his Clorox trade in 2011, the people briefed on the investigation said. Walters, an owner of golf courses who is often considered the most successful sports bettor in the country, made a similar trade about that time, the people added.

Icahn, a 78-year-old billionaire and one of the best-known investors in the world, was mounting a takeover bid for Clorox around the time that Mickelson and Walters placed their trades.

Read more: http://www.dallasnews.com/news/local-news/20140530-insider-trading-inquiry-includes-mickelson-and-icahn.ece

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Reply Insider trading inquiry includes Mickelson and Icahn (Original post)
TexasTowelie May 2014 OP
rocktivity May 2014 #1
TexasTowelie May 2014 #2
monmouth3 May 2014 #3
Doctor_J May 2014 #4
DeSwiss May 2014 #5
Kingofalldems May 2014 #6
sybylla Jun 2014 #7

Response to TexasTowelie (Original post)

Sat May 31, 2014, 12:31 AM

1. Would this be the same golfer Mickelson who whined about having to pay so much in taxes

he was going to quit golf? Yes, I remember it well. Looks like he'll have to invest some of his money in lawyers now, not to mention give up being Tiger Woods' moral superior!


rocktivity

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Response to rocktivity (Reply #1)

Sat May 31, 2014, 12:54 AM

2. No, you absolutely must be confused

and if you think otherwise then I can't think of a more appropriate occasion than to use some of this fine product:



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Response to rocktivity (Reply #1)

Sat May 31, 2014, 08:00 AM

3. HA! Perfect nail hit. Such a whiner...n/t

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Response to TexasTowelie (Original post)

Sat May 31, 2014, 03:15 PM

4. Phil has always been a gambling addict

 

and was voted one of the 10 most despised athletes not too long ago.

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Response to TexasTowelie (Original post)

Sat May 31, 2014, 03:24 PM

5. Ah-choooo$

 

- Mmmm, sounds like a case of Affluenza. Get your tissues out......



K&R

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Response to TexasTowelie (Original post)

Sat May 31, 2014, 03:54 PM

6. Saw this on Yahoo. Freepers going nuts in the comments.

Apparently they think millionaires should be allowed to do this. And they are saying Phil being targeted because he didn't contribute enough to the 'democrat party.'

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Response to Kingofalldems (Reply #6)

Sun Jun 1, 2014, 10:40 AM

7. Unless said millionaire is Martha Stewart.

If true, it would be a travesty if this asshole doesn't at least do the same time.

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