Cedar Falls|News|
Judge: Peregrine Financial CEO Wasendorf Can Be Released While Awaiting Sentencing
A judge ruled Wasendorf can be released after he pleas guilty on Monday.

Local Editor, Cedar Falls
Patch Email: alison.gowans@patch.com
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I'm a born and raised resident of this town.
After graduating from Cedar Falls High School, I studied journalism and international studies at the University of Iowa and spent some time as a reporting intern at The Gazette in Cedar Rapids. After a brief stint in Minneapolis, I took off for the Peace Corps.
Two years as a community health education volunteer in Swaziland, a tiny country in Southern Africa, broadened my horizons and my perspective. But I missed home - the green summers, vibrant fall leaves and the promise of spring after a long winter. (Not so much the winter itself.)
I missed the people of this place, family and friends and neighbors. It was time to come home, and what better way to reintegrate into my community than through Patch? So here I am, wondering what the next few years will bring.
Beliefs
At Patch, we promise always to report the facts as objectively as possible and otherwise adhere to the principles of good journalism. However, we also acknowledge that true impartiality is impossible because human beings have beliefs. So in the spirit of simple honesty, our policy is to encourage our editors to reveal their beliefs to the extent they feel comfortable.
Politics
The current acerbic political climate disheartens me. At this point I'm less concerned with parties and labels than with intent and ideas. If someone can convince me they have the country's best interests at heart and of the merit of their policies, they'll probably have my vote. I'm a registered Independent.
Religion
I believe in God. I'm still working out the details of what that belief entails and probably will be for the rest of my life.
A judge ruled Wasendorf can be released after he pleas guilty on Monday.

Precious Meisha Lovely Murray, 10, is safe with family members, police said.
You can register in Cedar Falls by mail or in person. Here’s what you need to know about how, when and where to register.
The committee members will be tasked with choosing a replacement for University of Northern Iowa President Ben Allen, who is retiring.
Around 70 people met to discuss the possibility of starting a new co-op grocery store in Cedar Falls.
Elizabeth Collins, 9, and Lyric Cook-Morrissey, 10, went missing while riding their bikes near Meyers Lake in Evansdale on July 13.
Improving STEM - Science, Technology, Engineering and Math - education is part of a statewide push by Gov. Terry Branstad.
Russell Wasendorf Sr., the CEO of Peregrine Financial Group, PFG, is in federal prison on charges of lying to investigators.
Trail users should avoid the area throughout the week.
The accident happened Sunday night.
The University of Northern Iowa Panthers will take on the University of Iowa Hawkeyes this Saturday. Here's what you need to know.
Cattle Congress starts Wednesday and lasts throughout the weekend. Here's what you need to know.
What's going on around town this week? Here are some highlights, courtesy of the Cedar Falls Tourism and Visitors Bureau.
The following information was provided by the police. It does not represent a conviction.
The following information was provided by the police. It does not represent a conviction.
UNI's football team dominated in its first home game of the season.
Peregrine Financial Group, also known as PFG, is in bankruptcy, but some of its assets appear to be missing. Among them? Some very valuable coins in honor of an animated yellow sponge.
The Community Main Street event has become a Cedar Falls tradition.
Two girls from Evansdale were abducted while riding their bikes in July.
Investigators say better relationships with media and faster response times have improved how missing children investigations are conducted.