William T. Walters, Famed Sports Bettor, Is Guilty in Insider Trading Case - News Summed Up

William T. Walters, Famed Sports Bettor, Is Guilty in Insider Trading Case


“To say that I was surprised would be the understatement of my life,” Mr. Walters, 70, told reporters as he left the courtroom. A broker for Mr. Walters testified on cross-examination that some of Mr. Walter’s stock-trading ideas had come from Mr. Icahn, who was not charged with wrongdoing. During a hearing outside the presence of the jury, one of Mr. Walters’s lawyers told the judge that Mr. Walters and Mr. Icahn were friends. Mr. Walters stood to face the jurors as they filed into a hushed courtroom in Federal District Court in Manhattan. Advertisement Continue reading the main storyAfter the jury was dismissed, Mr. Walters hugged his wife and Mr. Berke.


Source: New York Times April 07, 2017 20:15 UTC



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