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.
The SEC is charging Philip Falcone & Harbinger Capital with securities fraud, reports CNBC's Tyler Mathisen.
Discussing whether U.S. banks have not learned their lessons from the 2008 financial crisis, with Andrew Stoltmann, Stoltmann Law Offices, and Peter Sorrentino, Huntington Asset Advisors. CNBC's Amanda Drury also reports on statements made by Philip Falcone's attorney regarding the SEC's allegations.
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