The Hoax That Sent Avon Shares Surging

U.S. regulators say the hoax that whipsawed Avon Products last month was hatched by a man in Bulgaria who had fooled Wall Street twice before with similar ruses. Bloomberg's Patricia Hurtado has more on "First Up." (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/18)
50:33 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Mohamed El-Erian, Bloomberg View columnist and Allianz chief economic adviser, Nick Burns, professor at Harvard Kennedy School, and Americans for Tax Reform President Grover Norquist. (Source: Bloomberg)
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