Gambling, soliciting prostitutes, ripping down a women’s charity and leaking sensitive and painful company information, it’s all just another day in the office, apparently, for the previous president of America’s biggest milk-processing companies.
William ‘Billy’ Walters leaves a Manhattan court that is federal. He is alleged to own 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 his testimony in the trial of his one-time buddy, the legendary gambler Billy Walters, on Wednesday. Walters is accused of making $43 million from illegal trades on Dean Foods’ stock, making use of privileged information allegedly supplied by Walters.
While the celebrity witness for the prosecution, Davis was expected by United States Assistant Attorney Brooke Cucinella to disclose any details that are unsavory his background that could later surface within the course associated with the trial. This is standard practice, as it’s preferable that such information is presented to the court up front in the place of being wheedled out from the witness later on by a defense attorney.
And, kid, did Davis deliver!
The court had heard the past day how the nature of Davis’ relationship with Walters changed after the latter loaned him around $1 million. After Dav
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