[Packers News] Ex-Packers HOF DE Willie Davis Lost $9M In Failed Bank

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Ex-Packers HOF DE Willie Davis Lost $9M In Failed Bank

Posted By: MediaGuy 06-30-2009 , 03:09 PM	#1

The economic recession has taken a $9 million bite out of Pro Football Hall of Famer-turned-businessman Willie Davis. A few months ago the 73-year-old former defensive end for Vince Lombardi's Green Bay Packers was the second-largest shareholder in Alliance Bank of Culver City, Calif. But Feb. 6 the failing bank was closed by state and federal regulators. "If they were decorative enough, I would have papered my walls with them," he says ruefully from his home in Los Angeles. "The possibility of me making any money is pretty much zero. At their peak, my (half a million) shares were trading at $17. You do the math. It was ugly," says Davis, who never made more than $50,000 a year during his playing days.

Source: USA Today

Tags: nfc, nfcnorth, packers

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06-30-2009, 05:58 PM

Mike

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thats one hell of a loss man.

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id like to track her down and make her life misserable

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so your saying you'd sleep with her

07-01-2009, 04:35 PM

ollysj

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Originally Posted by MikeTSZ

thats one hell of a loss man.

Hell it is and as he said, they don't made huge $$$ that days

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07-01-2009, 04:38 PM

DubMike'sBitch DubMike'sBitch is offline

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Ouch....

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