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Transcripts For BLOOMBERG In The Loop With Betty Liu 20140602

Week away from the first world cup game in brazil. The country has spent 11 billion on 12 new stadiums. However, brazilians are not sure that it is worth all that money. Tops get straight to our story. Reports allege that icahn, mickelson, and a prominent las vegas gambler are being probed by u. S. Authorities for Insider Trading. Our Senior Markets correspondent has more on this developing story. The trade at the center of this investigation is already three years old. What do we know at this point . Know, according to the wall street journal and the new york times, that at the new york times, that epicenter of this investigation is that clorox deal in trade surrounding it. That happened in the summer of 2011 when carl icahn made an offer to buy clorox, and offer that eventually did not come to fruition, but there were a number of options trades in advance of that deal. That is what sparked this investigation in the first place. However, it has been three years and this still remains

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