Peregrine Financial CEO Indicted on 31 Counts

Aug. 14 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Deirdre Bolton reports that Peregrine Financial CEO Russell Wasendorf has been indicted by a grand jury on 31 false-statement counts. If convicted, he faces 155 years in prison and a fine of nearly $8 million. She speaks on Bloomberg Television's "In The Loop."

Bloomberg Best: Global Week in Review (02/12)
28:45 - A review of the week's top business stories from the U.S., Europe and Asia, including Federal Reserve Chair Janet Yellen's testimony before Congress, drama for Deutsche Bank and exclusive interviews with prominent business and political figures. (Source: Bloomberg)
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