WASHINGTON (Reuters) — U.S. Commodity Futures Trading Commission Chairman Gary Gensler told lawmakers today that Cedar Falls-based Peregrine Financial Group’s outside auditors should have confirmed the now failed brokerage’s bank balances. Peregrine’s founder Russell Wasendorf Sr., who was arrested earlier this month, has admitted to forging bank statements and fooling regulators for nearly two decades. [...]

What’s the difference between a rat and a squirrel? A bushy tail. That, and good public relations. Your company’s brand — and by extension, its name — telegraphs specific qualities. “Rat” conjures up cowardice and dishonesty (think James Cagney in the movie “Taxi!” — “Come on out and take it, ya dirty, yellow-bellied rat, or [...]