Golf Digest story on Mickelson/insider trading

Saw this in my hard copy of Golf Digest that arrived last week. Haven't seen it on their website yet. It's written by Jeffrey Toobin, legal analyst at CNN rather than a golf writer. Crux of the story is Mickelson escaped prosecution due to fortuitous timing. An appeals court had ruled in another case during the investigation before charges were brought that a third individual receiving insider information (not directly from the tipper) could not be charged; after the trial began the U.S. Supreme Court reversed that decision. I may be oversimplifying but that's what I was able to take from the story.

I was surprised at the potential prison time involved. The Dean Foods board member who provided the information to Billy Walters was facing 160 years before he cooperated with the investigation; Walters is facing 100 years. I guess I was thinking of the time Martha Stewart received for similar charges. Anybody else see this? What are your thoughts?

If you have enough money it's pretty tough to be found guilty of anything

Saw this in my hard copy of Golf Digest that arrived last week. Haven't seen it on their website yet. It's written by Jeffrey Toobin, legal analyst at CNN rather than a golf writer. Crux of the story is Mickelson escaped prosecution due to fortuitous timing. An appeals court had ruled in another case during the investigation before charges were brought that a third individual receiving insider information (not directly from the tipper) could not be charged; after the trial began the U.S. Supreme Court reversed that decision. I may be oversimplifying but that's what I was able to take from the story.

 

I was surprised at the potential prison time involved. The Dean Foods board member who provided the information to Billy Walters was facing 160 years before he cooperated with the investigation; Walters is facing 100 years. I guess I was thinking of the time Martha Stewart received for similar charges. Anybody else see this? What are your thoughts?

Sign of the times that an inside trader gets more time in jail than the average thug that murders someone.

The article has been online for several weeks. It's okay and looks to be a decent summary EXCEPT Toobin (who should read court opinions much more closely if he is going to draw the conclusions he draws) completely oversimplifies the impact of the Supreme Court's opinion in Salman and how the timing of that opinion would have made a difference in Mickelson's situation. He obviously didn't read it, or didn't understand it, or both.

Ferguson

The article has been online for several weeks. It's okay and looks to be a decent summary EXCEPT Toobin (who should read court opinions much more closely if he is going to draw the conclusions he draws) completely oversimplifies the impact of the Supreme Court's opinion in Salman and how the timing of that opinion would have made a difference in Mickelson's situation. He obviously didn't read it, or didn't understand it, or both.

Well, he does work for CNN...

The article has been online for several weeks. It's okay and looks to be a decent summary EXCEPT Toobin (who should read court opinions much more closely if he is going to draw the conclusions he draws) completely oversimplifies the impact of the Supreme Court's opinion in Salman and how the timing of that opinion would have made a difference in Mickelson's situation. He obviously didn't read it, or didn't understand it, or both.

 

Well, he does work for CNN...

The article has been online for several weeks. It's okay and looks to be a decent summary EXCEPT Toobin (who should read court opinions much more closely if he is going to draw the conclusions he draws) completely oversimplifies the impact of the Supreme Court's opinion in Salman and how the timing of that opinion would have made a difference in Mickelson's situation. He obviously didn't read it, or didn't understand it, or both.

 

Well, he does work for CNN...

Yes, they should had Brietbart weigh in for some objectivity ; )

Not going to look it up but IIRC Stewart got jail time for not being honest with Feds and not for the actual trading

The article has been online for several weeks. It's okay and looks to be a decent summary EXCEPT Toobin (who should read court opinions much more closely if he is going to draw the conclusions he draws) completely oversimplifies the impact of the Supreme Court's opinion in Salman and how the timing of that opinion would have made a difference in Mickelson's situation. He obviously didn't read it, or didn't understand it, or both.

 

Well, he does work for CNN...

 

Yes, they should had Brietbart weigh in for some objectivity ; )

Be careful all - CNN could start to make threats if we all aren't careful.

any insinuation about involvement with Russians?

any insinuation about involvement with Russians?

Rest assured - proof of collusion is coming.

any insinuation about involvement with Russians?

No, just the "deep state" ; )

any insinuation about involvement with Russians?

 

No, just the "deep state" ; )

Lol, nice

any insinuation about involvement with Russians?

 

No, just the "deep state" ; )

 

Lol, nice

Good on you to chuckle. Anybody who has been around knows the big scammers sit on *both* sides of the fence.

Sucking us Joes dry....

any insinuation about involvement with Russians?

 

No, just the "deep state" ; )

 

Lol, nice

 

Good on you to chuckle. Anybody who has been around knows the big scammers sit on *both* sides of the fence.

 

Sucking us Joes dry....

They're all friends behind closed doors.

I'll stop with this line of responding before I get banned.

any insinuation about involvement with Russians?

Toobin thinks the Supreme Court says you just have to be comrades, so there you go.

I'm kind of shocked there remain so many Phil apologists out there. Degenerate gambler? Check. White collar criminal? Check. Wearer of lipstick in interviews? Check. That's three strikes in my opinion. Let us never forget, the third strike is by far the most egregious:

any insinuation about involvement with Russians?

 

No, just the "deep state" ; )

LOL...I'm sure the Russians will somehow be involved in manipulation of the fan polls showing Phil as a fan favorite. :)

I'm kind of shocked there remain so many Phil apologists out there. Degenerate gambler? Check. White collar criminal? Check. Wearer of lipstick in interviews? Check. That's three strikes in my opinion. Let us never forget, the third strike is by far the most egregious:

Ferg, is that you?

I don't care much for Toobin, he has an agenda/narrative, so anything he says I take with a huge grain of salt. Speaking of Golf Digest, one of their writers kinda suggested that Trump was at fault for Lewis's triple on #11 on day 3, i.e., the F-18 that flew over startled her, which caused her to hit her first pitch shot over the green.

This is old news. This was well covered in the previous Mickelson thread on this subject.

http://www.golfwrx.com/forums/topic/1027567-phil-mickleson-under-investigation-for-insider-trading-merged/page__hl__%20mickelson%20%20insider%20%20trading

If you have enough money it's pretty tough to be found guilty of anything

And if you have enough fame and success, most don't want you to be found guilty either.

Maybe they'll make a movie about Phil one day.

"The Wolf of Augusta National"

Probably would grow the game better than playing it forward or any of the other ideas.

Saw this in my hard copy of Golf Digest that arrived last week. Haven't seen it on their website yet. It's written by Jeffrey Toobin, legal analyst at CNN rather than a golf writer. Crux of the story is Mickelson escaped prosecution due to fortuitous timing. An appeals court had ruled in another case during the investigation before charges were brought that a third individual receiving insider information (not directly from the tipper) could not be charged; after the trial began the U.S. Supreme Court reversed that decision. I may be oversimplifying but that's what I was able to take from the story.

 

I was surprised at the potential prison time involved. The Dean Foods board member who provided the information to Billy Walters was facing 160 years before he cooperated with the investigation; Walters is facing 100 years. I guess I was thinking of the time Martha Stewart received for similar charges. Anybody else see this? What are your thoughts?

Sign of the times that an inside trader gets more time in jail than the average thug that murders someone.

amen brother.. all you have to do is follow the $$.... Thats what "they" care about.. nothing more..

This is old news. This was well covered in the previous Mickelson thread on this subject.

 

http://www.golfwrx.c...nsider trading

on this we agree Spanky.. i thought i recalled the timing being mentioned.... golf digest.. 6 months behind WRX as usual... what a joke

This has been beaten to death.

I'm kind of shocked there remain so many Phil apologists out there.

GO PHIL!

"Stickin' it to the man."

Saw this in my hard copy of Golf Digest that arrived last week. Haven't seen it on their website yet. It's written by Jeffrey Toobin, legal analyst at CNN rather than a golf writer. Crux of the story is Mickelson escaped prosecution due to fortuitous timing. An appeals court had ruled in another case during the investigation before charges were brought that a third individual receiving insider information (not directly from the tipper) could not be charged; after the trial began the U.S. Supreme Court reversed that decision. I may be oversimplifying but that's what I was able to take from the story.

 

I was surprised at the potential prison time involved. The Dean Foods board member who provided the information to Billy Walters was facing 160 years before he cooperated with the investigation; Walters is facing 100 years. I guess I was thinking of the time Martha Stewart received for similar charges. Anybody else see this? What are your thoughts?

Sign of the times that an inside trader gets more time in jail than the average thug that murders someone.

 

 

amen brother.. all you have to do is follow the $$.... Thats what "they" care about.. nothing more..

Honestly y'all , I shouldn't spend time on this non-golf issue, but this is patently false.

BJS showed the mean sentence served for those convicted of murder or nonnegligent manslaughter was just over twenty years. And that's considering nearly 30% of convicts receive life sentences.

Reuters did a study in 2012 that the mean sentence for an insider trading conviction was 17.3 months.

If you want to talk about the dire shape of our country and how things are so bad, stop contributing to ignorance by repeating things that aren't true.

I'm kind of shocked there remain so many Phil apologists out there.

 

GO PHIL!

 

 

"Stickin' it to the man."

I am just reading