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William B. Blount


William B. "Bill" Blount (born 1953) is an investment banker, bond underwriter, and former Alabama Democratic Party chairman. In 2009, he pleaded guilty to federal bribery and conspiracy charges in exchange for testimony against former Birmingham, Alabama, mayor Larry Langford.

Bill Blount is a 1975 graduate of the University of Alabama, where he served as President of the Student Government Association (SGA). He graduated from the University of Alabama School of Law in 1978 and did graduate work in the United Kingdom.

He was a partner with a large regional investment banking firm in Montgomery for six years before creating and co-owning the firm Blount Parrish & Co. in 1985. While in the investment banking business, he completed hundreds of tax-exempt and taxable financings for public utilities, hospitals, corporations, cities, counties, school boards and other entities. Blount also founded or co-founded several other companies involved in solid waste handling, communications, publishing and manufacturing. | last = Braun | first = Martin Z. | date = 18 August 2009 | title = Municipal Bond Banker Pleads Guilty in Alabama Case (Update2) | url = https://www.bloomberg.com/apps/news?pid=20601103&sid=aB_qJrNpB2_E | newspaper = Bloomberg | archive-url = https://web.archive.org/web/20101202211621/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aB_qJrNpB2_E | archive-date = 2 December 2010 | access-date = 6 June 2016 }}</ref>

Mr. Blount was also the Chairman of the Alabama Democratic Party from 1991 to 1995.

In December 2007, Blount and Mayor Langford were subpoenaed to a U. S. District Court in Miami, Florida to testify. Both refused. On December 1, 2008, Blount and Langford were given a 101 count indictment including charges of creating "pay to play"schemes in which they personally profited from Jefferson County’s sewer bond deals.


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