`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."

Do Markets Worry Too Much About Inflation?
53:14 - Federal Reserve Chair Janet Yellen said the central bank was not to blame for the tumult that has engulfed financial markets this year and is unlikely to roll back its December interest-rate increase in response. Yellen added that the Fed was taking another look at negative interest rates as a potential policy tool if the U.S. economy faltered, a scenario some investors view as a mounting possibility amid a darkening outlook for world growth. SVM Asset Management Managing Director Colin McLean discussed with Bloomberg’s Manus Cranny on “Countdown.”
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