Gambler’s Alleged Tipster Lost $150,000 on One Blackjack Hand
- U.S. says Walters made $43 million on Davis’s inside tips
- Dean Foods founder testifies successor had appetite for risk
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Former Dean Foods Co. Chairman Tom C. Davis liked to live on the edge, according to his predecessor -- in one case allegedly dropping $150,000 on a hand of blackjack.
Gregg Engles, former chairman and founder of Dean Foods Co., also told a Manhattan jury at the insider-trading trial of gambler Billy Walters that he knew Davis had an appetite for risk.