ACHOO! Remember Bill Walters? He’s Neil Bush’s...
- Share via
ACHOO! Remember Bill Walters? He’s Neil Bush’s former partner who defaulted on more than $100 million in S&L; loans. After telling Congress that he was broke, it turned out that Walters was dividing his time between homes in Newport Beach, Indian Wells and Laguna Beach. Now a bankruptcy trustee says Walters has transferred as much as $21 million in assets to his wife, and continues to use the money. . . . So where did the money go? Jacqueline Walters, asked if she is paying living costs for her husband, said: “He lives in my home with me, so I pay the bills . . . I bought him some cold medicine, so I guess I am.”
More to Read
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.