finance

Business/Economy
7:03 pm
Wed July 11, 2012

Financial Fallout

Courtesy

Economic development officials have begun to assess the fallout from the abrupt closure of the Cedar Falls-based international brokerage firm, Peregrine Financial Group doing business as PFGBest.  The company is being investigated by both governmental and regulatory officials for fraud and misuse of customer money.  220 million dollars is reportedly missing, Company founder, 64 year old Russell Wasendorf Sr. attempted suicide on Monday. CEO of the Greater Cedar Valley Alliance and Chamber, Steve Dust says they're reacting to what they know and discounting what they can't verify.

River to River
11:00 pm
Mon January 9, 2012

Consumer Protection in Iowa

After months of battling in Washington, President Barack Obama made the controversial appointment of Richard Cordray to be the first director of the Consumer Financial Protection Bureau.  Host Ben Kieffer talks with Bill Brauch, director of the Iowa Attorney General’s Consumer Protection Division about the new bureau and about consumer protection in Iowa.  We’ll also hear the story of one Iowan who lost nearly $30,000 in a credit card scam.