PFGBest Founder Said the Regulators Made Him Steal; Goldman’s Profit Down: Roundup
http - July 18th, 2012
Why he did it: PFGBest Founder Russell R. Wasendorf, who was arrested last week on allegations that his futures brokerage was missing more than $200 million in client segregated funds, wrote that he misappropriated funds to meet increasingly stringent regulatory requirements, according to The Wall Street Journal . (Sort of like the Stuyvesant High Seniors who cheated on Regents' exams because
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