IOWA CITY, Iowa (AP) — Disgraced businessman Russ Wasendorf Sr. should receive the maximum 50-year prison sentence for a $215 million fraud that vic...

* Wasendorf was arrested in July, firm is in bankruptcy * Wasendorf's lawyer asks judge to release him to pastor * Recei...

Forget about the notion of a guilty conscience. Cheating actually feels good, according to a new study. Breaking the rules dishonestly doesn't resu...

* CEO's receiver seeks to unload insurance policies, plane * One policy has cash surrender value of about $1.3 million *...

By Ann Saphir CHICAGO, Aug 6 (Reuters) - The hunt for the assets of Peregrine Financial Group CEO Russell Wasendorf Sr. has yielded a...

CHICAGO, Aug 1 (Reuters) - Several customers of Peregrine Financial Group are suing the failed futures brokerage's chief executive officer, Russell ...

By Kevin Drawbaugh and Dena Aubin July 29 (Reuters) - When Peregrine Financial collapsed earlier this month, a nagging question resurfa...

* "Hard to envision" Peregrine CEO acted alone-son's lawyer * NFA president also raised possibility CEO had accomplice *...

* NFA president says auditors followed proper procedures * But says audit steps "not good enough anymore" * CFTC's Gensl...

Is it my imagination, or does every week bring news of another financial scandal? No, it’s not my imagination. First up: Peregrine Financial Grou...

First, there was a banking crisis. Now, after the collapse of Peregrine Financial Group, commodities markets may be on the brink of their own emergenc...

* NFA let firms verbally pledge to do better-2002 report * CFTC report called practice troubling * Report came during mi...

Casper's airy little fist packed no wallop when it came to impeding high-risk betting on Wall Street, the LIBOR lending rate manipulation or the disappearance of client money at MFGlobal. There's a much better way than Casper to catch a bankster: pay them to turn each other in.

* 20-year-fraud raises questions about NFA oversight * Sources say NFA auditors typically new college grads * NFA offici...

CEDAR RAPIDS, Iowa July 13 (Reuters) - Russell Wasendorf Sr., the founder and CEO of failed futures brokerage PFGBest, faces "up to decades in priso...

* "Corzine rule" requires top execs to approve withdrawals * Brokers must notify regulators before large withdrawals * M...

When commodities brokerage firm MF Global collapsed last October, losing $1.6 billion in customer funds in the process, Christopher Dickerson was sure...

WASHINGTON/CHICAGO (Reuters) - U.S. futures industry investigators are looking into why Iowa-based collapsed brokerage PFGBest used a tiny accounting ...

* Wasendorf married in Vegas weeks before planned Iowa wedding * Employees pack up as founder said to emerge from coma...

Russell Wasendorf Sr., the founder of Peregrine Financial Group, is such a presence in Cedar Falls, Iowa, that his attempted suicide has cast a shadow...

July 10 (Reuters) - Peregrine Financial Group Inc, the regulated unit of the brokerage PFGBest, has filed to liquidate under Chapter 7 of the U.S. b...

Are you getting collapsed brokerage firm PFGBest confused with collapsed brokerage firm MF Global? It's understandable! They're both commodity brokera...

WASHINGTON — Employees of an Iowa-based brokerage firm that has been unable to account for $220 million in customer money found their boss in hi...

The unfolding PFGBest debacle looks like the MF Global debacle in a lot of ways, including missing customer funds held in a JPMorgan Chase account. ...