Former PIMCO CEO Douglas Hodge has been sentenced to nine months in federal prison for his role in the college admissions scandal. Hodge was found to have paid $850k to the ringleader of the scheme, William Singer, to secure admission for four of his children into colleges under the auspices of being athletic recruits. Yahoo Finance’s Zack Guzman and Emily McCormick discuss on YFi PM. …read more
Source:: Yahoo Finance
