Exclusive: Phil Mickelson, the Pipeline and Trump's (Alleged) 14-Inch Pipe
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What is the main topic discussed in this episode?
Welcome to Pablo Torre Finds Out. I am Pablo Torre, and today we're going to find out what this sound is.
Big Daddy Trump, ready to swing his 14-inch c**k in front of Newsom's face, will drive up any stock.
Right after this ad.
What's your caffeine intake?
Is it very bad? I just do coffee.
All day?
Which I didn't do until two years ago.
I do like two— You didn't do it at all until two years ago.
This show— This show— Did it? Has ruined my nervous system. Yeah. That's what I need to meet you at this desk again, Sam Koppelman. Yeah, here we are. The last time you were at this desk, by the way, the two of us investigated whether the Chinese government had been stealing athlete brainwaves—
which ended up spurring an investigation by the House Committee on Energy and Commerce announced in September. I did not know that that committee was listening to the Pablo Torre Finds Out podcast.
Yeah, I like to think that they came for the taste-testing athlete weed episodes.
Yes, come for the weed episodes, stay for the Chinese brainwaves.
Stay for the geopolitical scandals we uncover with you. And yet... The story that you're here at the desk to discuss today, the story you've been working on, is even weirder and even bigger in its own key way, I dare say.
Yeah, it's a bit girthier, this story, for sure, absolutely.
I want to get into this story, as it were, by explaining a thing that I think all of us are numb to in America. I mean, you're still... quite familiar with politics in the United States as an author, as a former speechwriter, as a guy who studies the political system. And it's mind-blowing once you take just a beat to think about how there is this playbook for every single person who's in trouble legally, financially, which is to just appeal directly to Donald Trump.
If you can just get in front of him, you've got a shot.
Yes. I'm thinking of, of course, former New York Congressman George Santos, who has a resume that you'd laugh out of. I mean, was almost literally laughed into jail because of it. I think of the co-founder of Aspiration, a guy I'm quite familiar with now, Joe Sandberg. hiring Mark McCasey, a former Trump attorney. And then I discovered that Chauncey Billups, another subject of our investigations, hired McCasey as well because of the NBA gambling and poker stuff. Only to then see that Terry Rozier, the current NBA player embroiled in those same indictments, hired a gentleman by the name of Jim Trustee, which is, of course, a perfect name for a Trump attorney, which, of course, Jim Trustee also was.
The reason people are doing this is because it works. I mean, there's a couple examples. Like, there's this guy, Trevor Milton. I don't know if you remember that company, Nikola. They had those giant trucks. And the scam was that there was this video they posted of this massive truck coming down a hill. And it turned out the truck didn't actually have an engine or anything. They were just dragging it down. And he hired a guy named Brad Bondi.
How does Phil Mickelson's gambling history relate to insider trading?
And if the reason that last name is familiar to you, it is because his sister is Pam Bondi, the United States Attorney General.
Oh, yeah.
And Milton gets pardoned and ends up on Tucker Carlson as a conservative icon guy. Another one that I love is CZ, the guy who ran Binance, you know, the bête noire of Sam Bankman-Fried. Yes, FTX's rival. Exactly. Went to prison and his indictment was one of my favorite ones ever. One of the great smoking guns because his CCO said in writing, we are operating a unlicensed security exchange in the USA, bro. He was sentenced and put in prison. And then CZ backed the crypto company of Trump's kids. And he had his sentence commuted, just like Milton.
Right. And then in the media circuit, we hear Donald Trump on 60 Minutes.
The government at the time said that CZ had caused significant harm to U.S. national security, essentially by allowing terrorist groups like Hamas to move millions of dollars around. Why did you pardon him? Okay, are you ready? I don't know who he is.
And the thing that bothers me is that we're numb as a country to the fact that this is just a practice.
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:00–3:14
2
How does Phil Mickelson's gambling history relate to insider trading?
3:14–8:35
3
What is Sable Offshore and why is it controversial?
8:35–12:37
4
How did Phil Mickelson communicate with investors about Sable Offshore?
12:37–17:45
5
What insider information did Phil Mickelson allegedly share?
17:45–22:05
6
What role does Donald Trump play in the Sable Offshore situation?
22:05–25:24
7
How did the stock price of Sable Offshore change after the investigation?
25:24–31:35
8
What were the final developments regarding Phil Mickelson and Sable Offshore?
31:35–42:56
Speakers
4 identifiedMore from Pablo Torre Finds Out
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Inside the Billionaire Shadow League Funding American Tennis
Washing Up the Clippers' Punishment, with Henry Abbott