Hedge-fund manager Philip Falcone is mounting plans for his defense against the civil-fraud charges that could destroy his career. His legal strategy: Blame his lawyers and lieutenants. Juliet Chung has details on The News Hub.
Philip Falcone and Harbinger Capital admit to wrongdoing. The SEC barred Falcone from securities industry for 5 years and will pay over $18 million; reports CNBC's Kate Kelly.
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