After many years of misdeeds, everyone was fed up with Bill Spencer. Home alone on a rainy night, the power went out and Bill was shot. The list of suspects was long and included the notorious Sheila Carter (Kimberlin Brown), Thomas Forrester (then Pierson Fodé), and even Caroline Spencer (Linsey Godfrey), per the San Francisco News. However, Bill didn't know who shot him because he was hit in the back — and because he'd made that many enemies! Prior to his shooting, Bill had gotten into a physical altercation with Ridge Forrester (Thorsten Kaye), and he was certain that Ridge was the one who shot him. According to Showbiz Cheat Sheet, Ridge and Bill have had a deep-seated animosity toward each other going back for years, and it seemed likely that Ridge was the one to pull the trigger.
In reality, Liam Spencer was angry that his father slept with his wife, Steffy Forrester. He demanded that she sign annulment papers and dissolve their marriage, but she failed to do so. After visiting his father in the hospital, Liam went to see Steffy but hit his head on a tree branch. The concussion caused him to have repressed memories that he was the one who shot Bill. He went to his father and confessed that he was the culprit. As a result, Bill kept quiet about it while simultaneously recanting his statement to the police that Ridge was the shooter, per Soap She Knows.
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