re: How Dodgers owner scammed and cheated his way towards purchasing world series rosters

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lot of jealousy going on in this world. Not a good look

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2027 will mot be played due to this.

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Y’all can’t see becoming a bit unmotivated to watch some of these sports if things don’t improve?

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if anything they’ll thrive due to how unhappy people would be and in search of something to tune out of a shitty reality

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This has been public information for a while?

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Not exactly. Initially it was thought to only extend to his Lakers acquisition. It’s become clear that’s likely not the case.

This has the potential to be an Enron level scandal, which could mean all of those deferred contracts are void.

The existence of the insurance companies was known. What wasn't known was the alleged size, what was reported to regulators was like 2bn when what is being alleged is that its actually more like 16bn, and the fact that Mark Walter has a significant affiliation with the companies

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The bigger question is why they’re under investigation now?

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Someone inside Guggenheim blew the whistle on the percentage of insurance premiums paid by customers to Delaware Life and Clear Spring that are being "invested" as loans to other companies owned by Mark Walter.

Basically, if Delaware Life and Clear Spring are going to loan out their insurance premium proceeds to companies under the same ownership umbrella, they have to declare it. Walter is being accused of establishing shell companies as a middleman between his insurance companies and his other businesses to hide the fact that the insurance premiums are indeed going to his other businesses. This is called disclosure fraud and it is very, very illegal.