"Why might Walter have been interested in selling?
Only he can say for sure, but his companies are under federal investigation for failing to disclose and properly account for billions of dollars of loans among related entities. Bloomberg reported Wednesday that Walter’s holding company is trying to raise money that could help pay off or at least pay down those loans, and the Financial Times reported that company assets could be sold or restructured.
No charges have been filed, and investigations can conclude without charges. No allegations of wrongdoing have been made against Walter"
Only he can say for sure, but his companies are under federal investigation for failing to disclose and properly account for billions of dollars of loans among related entities. Bloomberg reported Wednesday that Walter’s holding company is trying to raise money that could help pay off or at least pay down those loans, and the Financial Times reported that company assets could be sold or restructured.
No charges have been filed, and investigations can conclude without charges. No allegations of wrongdoing have been made against Walter"
