`Midwest Madoff' Wasendorf Charged With $100M Fraud
July 13 (Bloomberg) -- In today's "Market Maker," Bloomberg's Erik Schatzker reports that Peregrine Financial Group Inc. Chief Executive Officer Russell Wasendorf said in a signed statement linked to his suicide attempt that he perpetrated a fraud at his Cedar Falls, Iowa-based company that stretched back two decades, according to a federal complaint. He speaks on Bloomberg Television's "Market Makers."
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Microsoft Shares Hit Record Aided by Cloud Demand
50:53 - Microsoft shares soared to a record high Friday after the software giant reported first-quarter sales and earnings that topped analysts’ estimates, buoyed by growing demand for cloud-based software and services. Cross Research Group Analyst and co-founder Shannon Cross and Bloomberg's Cory Johnson report on "Bloomberg Markets." (Source: Bloomberg)