EconomyLakers Owner Walter Seeks Cash to Pay Down Loans Amid DOJ Probe

Billionaire Mark Walter’s firm is negotiating with investors to raise funds. The money would help repay loans held on the books of its insurers. People familiar with the matter said the loans have attracted scrutiny from the Justice Department. The talks point to an effort to reduce pressure from those debts.

Mark WalterLos Angeles LakersloansDOJ probe

BBloomberg News★★☆☆☆2026-08-12 21:00Original