FBI combing through his bank records, Mark Walter—who purchased the Los Angeles Lakers a year ago for a record $10 billion—now selling the Lakers for $12 billion to the United States Government.
The U.S. Attorney’s Office in Manhattan and the Securities and Exchange Commission are now examining how around $16 billion in loans extended to companies tied to Walter or his conglomerate, TWG Global, wound up on the books of insurance companies he owns after passing through a third entity, the people familiar with the matter said. The authorities are trying to determine whether the activity constituted fraud, one of the people said.
Such related-party transactions must be disclosed to insurance regulators, a rule meant to limit conflicts of interest and protect policyholders. Walter’s insurance firms said in recent filings that they had reviewed their transactions after receiving subpoenas and had identified problems with how certain transactions were presented. (Source)
First, I love America—a country where it’s not illegal for an insurance company to just take your money and use it to fund some other unrelated business. All they must do is “disclose” the transfers to some regulatory board, that way, someone paying Mark Walter for life insurance, who has infinite time on their hands, can search and see if his life insurance is being used to pay for the fucking Dodgers.
I absolutely need to put the pen down and start an “insurance” company.
As far as Walter’s crime, we cannot say if he was stealing money from customers to purchase sports teams at prices he himself personally didn’t have on him until he magically did—but selling the team to a Kushner brother only a few weeks after presenting the president with a real World Series ring, something team owners do not ever do, feels like everything is on the up and up here. No further prodding necessary.
According to Ramona Shelbourne, Josh Kusher and Bob Iger are joining forces to become the new owners of the Lakers.
Josh is the brother of Jared Kusher, Donald Trump’s son-in-law—whose entire job appears to be funneling in illegal money from slave states, spies and arms dealers—walking off PJs with sacks of cash, big black dollar signs painted on the bags.
The Kushner crime family is currently cashing in on the family business, the presidency, to own everything, swallowing every dollar possible before that geriatric carnie perishes or gets beheaded.
The Los Angeles Lakers join a portfolio full of meaningless crypto, stocks fattened by Trump’s direct actions, prediction market gains off inside info, corporate donations and lobbyists dropping briefcases of cash off at the crib, pedophiles purchasing pardons and coins soaked in the blood of the 9/11 victims from countries who called in the hit.
Trump’s henchmen determined to purchase the culture, hoping to dump billions of dollars into our pre-existing institutions—the Ellison family owning TikTok, CBS, Paramount, HBO and CNN, Jeff Bezos owning the Washington Post, Elon Musk owning Twitter, Mirian Adelson and Kushner owning NBA teams—all of Epstein’s closest pals absorbing everything with relevance, draining them of their value, sucking every penny from the couch until there’s nothing left, and they’ll blame “the left”.
And y’all will believe them.
What does this mean for the Lakers?
Thankfully, the Lakers employ the 2027 Executive of the Year Award, an award that definitely won’t be determined by the state—just like that soccer guy was allowed to play in the World Cup after Donald Trump made a phone call to FIFA. Rob Pelinka earned it and there is no war in Iran.
They mocked him but only Rob Pelinka owned the foresight to observe the American financial landscape—recognizing the only people with the money to purchase an NBA team are either scammers or profiting off the death of Palestinians.
The Lakers new ownership partners are a little column A, a little column B.
So Robby meticulously built an alabaster roster, knowing the Lakers would soon be owned by the Republican Party.
Luka Doncic is the perfect symbol MAGA can rally behind. A petulant baby, leading the league in scoring, still whining each possession—everyone is fouling him and he never commits any fouls. (He’s also an immigrant, just like all their wives).
Austin Reaves, Walker Kessler, Sandro Mamukelashvili, Jake LaRavia and Luka Doncic, the Lakers have a potential all-white starting 5 for the first time since the water fountains were separate. Crypto.com Arena might bring those back.
The Lakers officially belong to Fox News watchers. [gun to back of astronaut’s head] always has been.
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