c/womenshockey · by CombatWombat@feddit.online · 27d

New Details Emerge As Investigation Into PWHL Owner Mark Walter Continues

https://thehockeynews.com/womens/pwhl/new-details-emerge-as-investigation-into-pwhl-owner-mark-walter-continues

The investigation into PWHL owner Mark Walter involving federal prosecutors, the SEC, and FBI continues as financial outlets continue to uncover more details in the story, and issues at hand.

3 points · 2 comments · view on lemmy.world

2 Comments

CombatWombat@feddit.online · 5 pts · 27d (1 reply)

There are significant drawbacks to single entity and also there are no good billionaires

At question is the reporting of a sum of money that Walter's companies re-invested into other Mark Walter affiliated holdings and entities. That sum is $16 billion, but was originally reported as only $1 billion. The companies in question, namely Delaware Life, had originally reported the equivalent of 3% of their investments, which was found to be closer to 42%.

nocturne@slrpnk.net · 4 pts · 27d

I will continue to say it, the fans and the players need to own their teams.