SEC Said to Sue Against Harbinger’s Phil Falcone

June 26 (Bloomberg) -- Philip Falcone, the billionaire founder of Harbinger Capital Partners LLC, faces a lawsuit from U.S. regulators as soon as this week over claims he improperly borrowed client funds to pay his taxes and gave preferential treatment to Goldman Sachs Group Inc., according to two people familiar with the matter. Mark Crumpton reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Japan's Top Banks Face Asia Depreciation Concerns
58:22 - At the end of March, the biggest banks in Japan had lent almost $190B to Asia, the biggest increase in overseas lending in three decades. However, in light of the current slowdown, it may be a decision they come to regret. Bloomberg's Chris Langner reports on "Trending Business." (Source: Bloomberg)
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