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)
China Is on the Right Path: Hofer
07:08 - BNP Paribas Wealth Management Chief Investment Strategist for Asia Stefan Hofer discusses the rally in China’s stock market, China’s economy and where he sees opportunity. He speaks to Bloomberg’s Angie Lau on “Asia Edge.” (Source: Bloomberg)
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