It's Friday the 13th, and this Peregrine Financial Group CEO seems to be having terrible luck. Russell Wasendorf Sr. was arrested today for making false statements to regulators from 2010 to July 2012, according to the agency.
January 16, 1975 - this day in history. Recession getting worse. GNP drops 9.1%, worst since 1958. Inflation rose 13%, worst since 1947. Calls for Gas Rationing. Soviet Union says detente not dead, just wounded. CIA Hearings continue. Ford Auto to offer rebates on new cars. Israel/Lebanon border skirmishes. Middle East Peace feelers continue. News Analyst Eric Sevareid on world reaction to Economy.