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."