Auction Of Former Peregrine Financial Group Founder Russ Wasendorf's Assets : News Photo

Auction Of Former Peregrine Financial Group Founder Russ Wasendorf's Assets

Credit: 
Bloomberg / Contributor
Mark Weitz, president of the asset liquidation company Great American Group, explains the bidding rules prior to the start of the auction of the contents of the corporate offices of Peregrine Financial Group Inc. and My Verona Restaurant as well as personal belongings to help with the recovery of assets in the Russell Wasendorf Sr. bankruptcy proceedings in Cedar Falls, Iowa, U.S., on Dec. 5, 2012. Wasendorf, the founder of Peregrine Financial Group Inc., pleaded guilty in September to forging statements from lenders �to embezzle millions of dollars from customer accounts.� Photographer: Steve Pope/Bloomberg via Getty Images
Caption:
Mark Weitz, president of the asset liquidation company Great American Group, explains the bidding rules prior to the start of the auction of the contents of the corporate offices of Peregrine Financial Group Inc. and My Verona Restaurant as well as personal belongings to help with the recovery of assets in the Russell Wasendorf Sr. bankruptcy proceedings in Cedar Falls, Iowa, U.S., on Dec. 5, 2012. Wasendorf, the founder of Peregrine Financial Group Inc., pleaded guilty in September to forging statements from lenders �to embezzle millions of dollars from customer accounts.� Photographer: Steve Pope/Bloomberg via Getty Images
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Date created:
December 05, 2012
Editorial #:
157690698
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Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
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Collection:
Bloomberg
Max file size:
3,000 x 1,662 px (105.83 x 58.63 cm) - 72 dpi - 1.06 MB
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Not released.More information
Source:
Bloomberg
Object name:
WASENDORF AUCTION
Mark Weitz president of the asset liquidation company Great American... News Photo 157690698Assistance,Auction,Bankruptcy,Bidding,Business,Cedar Falls - Iowa,Cedar Rapids,Corporate Business,Corporate Theft,Crisis,Explaining,Feature,Finance,Great American Group,Horizontal,Identity Card,Inside Of,Iowa,Justice - Concept,Law,Lega,Liquidation,Luxury,Mark Weitz,Midwest USA,Midwestern,My Verona Restaurant,North America,Office,Peregrine Financial Group Inc.,President,Private,Recovery,Rules,Russell Wasendorf Sr.,Start,The Americas,USA,Wealth,Weitz,proceedingsPhotographer Collection: Bloomberg 2012 BloombergMark Weitz, president of the asset liquidation company Great American Group, explains the bidding rules prior to the start of the auction of the contents of the corporate offices of Peregrine Financial Group Inc. and My Verona Restaurant as well as personal belongings to help with the recovery of assets in the Russell Wasendorf Sr. bankruptcy proceedings in Cedar Falls, Iowa, U.S., on Dec. 5, 2012. Wasendorf, the founder of Peregrine Financial Group Inc., pleaded guilty in September to forging statements from lenders �to embezzle millions of dollars from customer accounts.� Photographer: Steve Pope/Bloomberg via Getty Images