Peregrine Financial Group Inc. trustee Ira Bodenstein obtained approval from Bankruptcy Judge Carol A. Doyle to issue information subpoenas to JPMorgan Chase & Co., Goldman Sachs & Co. and eight other financial firms, Bloomberg News reported yesterday. Bodenstein's lawyer, Robert Fishman, told Judge Doyle that those financial firms were the "principal institutions" with which Peregrine and its subsidiaries did business. The commodities broker filed for chapter 7 liquidation on July 10, hours after the U.S. Commodity Futures Trading Commission sued the Cedar Falls, Iowa-based firm and founder Russell Wasendorf Sr., alleging they had misappropriated more than $200 million in client money. Peregrine has more than $500 million in assets and more than $100 million in liabilities according to its bankruptcy petition.
