Bribery ringleader said he helped 750 families in admissions scheme

William rick singer
William "Rick" Singer. Photo: Scott Eisen/Getty Images

William "Rick" Singer, the ringleader of the alleged $25 million college entrance bribery scheme, said he worked with more than 750 families to get their children into college, NBC News reports.

Details: According to court documents unsealed Tuesday, Singer was recorded in a phone conversation saying he helps "the wealthiest families in the U.S. get their kids into school" and that he's successfully opened 761 "side doors" to admission. Singer pleaded guilty Tuesday to federal charges of racketeering, conspiracy, money laundering conspiracy and obstruction of justice.

Go deeper: Read more about the cheating scheme uncovered in Operation Varsity Blues

The globe goes dovish

Rubem Novaes, the new president of the Bank of Brazil. Photo: Evaristo Sa/AFP/Getty Images

The reversal of quantitative tightening has now gone global.

The big picture: Emerging market central banks are now the most dovish they have been since 2009, Bank of America Merrill Lynch strategists said. Their findings were based on language in various central bank statements.

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