Madoff Ponzi Scheme Surfaces New Guilty Verdict

Aug. 13 (Bloomberg) -- A former MIT professor and his son agreed to plead guilty to running a $500 million hedge-fund scam that was uncovered by investigators probing Bernard Madoff’s Ponzi scheme. Bloombrg’s Christie Smythe reports on “In The Loop.” (Source: Bloomberg)
ECB Unveils Revamped QE Program as Growth Outlook Cut
03:15 - European Central Bank President Mario Draghi unveiled a revamp of his quantitative-easing program that allows officials to buy higher proportions of each euro area member’s debt. His comments came as officials also cut forecasts for economic growth and inflation. (This is Draghi's prepared statement. Source: ECB).
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