ON THE RECORD
- Share via
“Bill Walters may think he’s thumbing his nose at the taxpayers, but I am going to make certain that they find out what’s going on. I am writing . . . to ask him to come back to the Banking Committee and tell the world how a man who defaulted on nearly $100 million in loans is living in such luxury.”
Rep. Frank Annunzio (D-Ill.), talking about Denver developer Bill W. Walters, who received loans with the help of Neil Bush, and who reportedly owns estates in Newport Beach estate and Indian Wells.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
