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Last updated: 2026-08-26 05:19:47 ET
Federal investigations of Mark Walter’s business empire have put a spotlight on private-equity-owned insurers that invest premiums in risky assets.
His 41 years as a national television news anchor surpassed the tenures of Walter Cronkite and Tom Brokaw.
Billionaire Mark Walter moved to sell the Los Angeles Lakers last week for a record $12.5 billion just 14 months after purchasing the team as he faces...
The scrutiny raised questions about what could happen to Walter's Carvana position if fallout from the investigation pressures him to raise cash.
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