Peregrine's Founder Says He Spent the Cash: WSJ

Peregrine's Founder Says He Spent the Cash: WSJ Play

July 18 (Bloomberg) -- Russell Wasendorf Sr., the Peregrine Financial Group executive charged with lying to federal regulators spent most of the cash according to the Wall Street Journal. Betty Liu reports on today's "Movers & Shakers" on Bloomberg Television's "In The Loop."

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