The meandering current lets people float around their Prosper, Texas, property or, if they want, they can paddle from the river into a large swimming pool.

WSJ: High Water Marks

The investigators didn't include a response from Winnick, who founded the company, but by the time that the June 5, 2000, memo was written, Winnick was already well upstream--and swimming not in a river but in the pool of his mansion in Southern California.

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