I recall reading Hedrick Smith's The Russians back in my undergrad days. One of features his stories of 1970s Soviet life that stuck with me a third of a century later was of their underground economy; working with quid-pro-quo favors, bribes and other things of dubious legality was working na lavo or "on the left."
That came to mind just now as the news story came over the wires this afternoon. It seems that Phil "Lefty" Mickelson was more than somewhat on the left, sending money via a proxy to a offshore gambling site. The proxy was busted by the feds for money laundering. So far, Michelson hasn't been charged himself, since the folks running the illicit gambling ops tend to get busted rather than the clients.
Phil's been known for liking to play high stakes golf matches with fellow pros on the days between tournaments, and his friendship with a different profession gambler/real estate guy was noted last year when Phil was investigated for insider trading; his friend's was connected with corporate raider (hands-on-investor might be a nicer descriptor) Carl Ichan and Phil seemed to be following Ichan's lead before it became public knowledge.
There's some interesting psychology going on here. It reminds me of Michael Jordan's love of gambling, both on non-basketball sports like golf as well as in casinos. He was something of an action junkie, and that might be what's in play here with Mickelson.
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