TUSCALOOSA, Ala. AP – An investment banker who pleaded guilty to bribing Birmingham Mayor Larry Langford testified Thursday he hoped to get lucrative bond work when he began giving money to Langford, who was in “very dire” financial straits.
The plan worked, according to testimony by banker Bill Blount during Langford’s corruption trial. Soon after Langford took over as president of the Jefferson County Commission, Blount’s company, Blount Parrish & Co. Inc., was included in a string of county bond deals worth millions.
