KQED Nightly Business Report May 28, 2015
A big bounce back for stocks and the nasdaq close as a record. But we begin with what some are calling the world cup of fraud. A scandal rocking the worlds most popular sport, soccer. The u. S. Department of sport saying some of fifa participated in bribes Money Laundering and racketeering and authorities in switzerld has launched a separa probe. Soccer isnt just a sport, it is a business a big one, that brings in billions in retch from tv and sponsorship rights for the world cup, the most popular single sporting event in the world. Aiman javers has the story on the big corruption investigatio...