ON THE RECORD
“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.
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