The $30M Movie That Turned Into a $4M Tax Fraud

March 25 (Bloomberg) -- The plot: Convince the government you spent $30 million to make a movie. Then collect a check for $4.2 million in tax relief. When the tax man asks to see the movie, get filming on the cheap. Bloomberg's Jessica Howard reports on a production that did just that. (Source: Bloomberg)

How U.K. Investment Managers are Dealing With Brexit
10:23 - International investors are growing cold on U.K. government bonds. Managers with more than $4 trillion, including Pioneer Investment Management and Old Mutual Global Investors, say the fallout from the Brexit vote is making them more bearish. With no quick answers in sight to the plethora of challenges the U.K. faces in carrying out its June vote to leave the European Union, gilts are being hurt by a plunging pound, monetary policy clashing with higher inflation, and the government’s thus-far unclear stance on negotiating Brexit. Seneca Investment Managers Chief Investment Officer Peter Elston discusses with Anna Edwards on "Bloomberg Daybreak: Europe."
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