Gambling, soliciting prostitutes, ripping down a ladies’ charity and leaking sensitive and painful company information, it’s all just another day in the office, evidently, for the former chairman of America’s milk-processing companies that are biggest.
William ‘Billy’ Walters leaves a Manhattan court that is federal. He is alleged to possess made $43 million in illegal stock trades on Dallas-based Dean Foods. He is pleading simple.
Tom Davis, the previous president of Dean Foods, of Dallas, continued their testimony in the test of his one-time friend, the legendary gambler Billy Walters, on Wednesday. Walters is accused of making $43 million from illegal trades on Dean Foods’ stock, using information that is privileged supplied by Walters.
Because the star witness for the prosecution, Davis was expected by US Assistant Attorney Brooke Cucinella to reveal any unsavory information about his back ground which could later surface throughout the course of this test. This is standard practice, as it’s better that such info is presented to the court in advance in place of being wheedled from the witness later with a defense attorney.
And, boy, did Davis deliver!
$200,000 On One Hand of Blackjack
The court had heard the day that is previous the nature of Davis’ relationship with Walters changed after the latter loaned him around $1 million. After Davis became indebted to him, W (more…)