Falcone Faces Five Year Ban From Hedge Fund Land

Falcone Faces Five Year Ban From Hedge Fund Land Play

Aug. 20 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports that billionaire hedge-fund manager Philip Falcone agreed to a tougher settlement with U.S. regulators that includes a longer ban from the securities industry and an admission of wrongdoing. (Source: Bloomberg)

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