Quote:
Originally Posted by Jayhawk
From the same article:
"Mickelson was forced to pay federal regulators $1.1 million for benefiting from investment tips received from Walters"
"his lawyer said that if called as a witness, Mickelson would keep his silence under the protection of the Fifth amendment."
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Yes, he was forced to pay $1.1 million, but the outcome of the investigation showed that although his financial guy benefitted from insider trading, Phil was unaware of the fact. Naturally, he had to repay the money, but the fact that he wasn't charged speaks volumes.
No one is 100% good or bad. We all have our faults and some people who are guilty of horrific acts can sometimes have some good qualities.
Phil makes $45 million a year. The fact that he likes to gamble a bit of it is nothing. He's never done anything that would put the financial stability of his family at risk.
Having $2 million in gambling debts, if that story is true, is like one of us losing $1,000 over the course of a few years.