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MF Global nears asset sale, bankruptcy for holding firm
The law firms could not be reached immediately for comment. A number of interested parties were considering several possible deals, including buying all or parts of MF Global, said the source, who requested anonymity. “The goal is squarely for some
Updated: 10/31/2011 05:26A
Cash-strapped Jefferson County needs special session
They include 10 proposed bills that would help the county generate more sales taxes and occupational taxes, while others would remove earmarks that set aside existing tax money for certain uses. County Manager Tony Petelos said the problem is lawmakers
Updated: 10/31/2011 05:08A
MF Global edges towards bankruptcy
The law firms could not be reached immediately for comment. A number of interested parties were considering several possible deals, including buying all or parts of MF Global, said the source, who requested anonymity. "The goal is squarely for some
Updated: 10/31/2011 04:57A
Tweeter policy gone bust with bankruptcy
A. When companies file for the kind of bankruptcy that Tweeter did — shutting down the entire operation, consumers are usually the biggest losers. When those who are owed money line up, guess who's at the bottom of the list? “After a company files for
Updated: 10/31/2011 04:40A
(BCON) Filed For Bankruptcy, Bringing Reminiscent of Solyndra
(BCON) filed for bankruptcy ie after a year when the energy storage firm got a $43mn loan guarantee from a dubious Department of Energy program. This move has came at a time when Solyndra, a solar panel maker which was assured of a $535 million loan
Updated: 10/31/2011 04:36A
New Cardinal Fastener owner mobilizes
Judge Pat E. Morgenstern-Clarren of the US Bankruptcy Court in Cleveland last Thursday, Oct. 27, approved the sale of the company to Germany's Wurth Group for $3.9 million. She also waived the customary 14-day waiting period to close on the sale of a
Updated: 10/31/2011 04:35A
MF Global May Seek Bankruptcy and Sale to Interactive Brokers
MF Global was nearing a deal late Sunday night to file for Chapter 11 bankruptcy protection as soon as Monday and sell assets to Interactive Brokers Group, the Wall Street Journal said, citing a person familiar with the matter.
Updated: 10/31/2011 04:29A
MF Global Said to Be in Deal Talks With Interactive Brokers
Most of MF Global's business involves executing and clearing trades in commodities and derivatives for clients like hedge funds. When Mr. Corzine joined, he sought to transform it into a full-fledged investment bank, in part by making riskier trades
Updated: 10/31/2011 04:22A
OAP faces bankruptcy over council repair bill
HIGHLAND Council has threatened to make a disabled pensioner bankrupt over a huge repair bill which officials say has made this house habitable. William Brodie, 80, has been involved in a 20-year wrangle over a derelict property in
Updated: 10/31/2011 04:08A
MF Global faces a run, could file for bankruptcy. Its Indian arm is silent—and
Despite the position that the fund (a leading global broker of exchange-listed futures & options, with $7.30 billion of customer assets as of 31st August) finds itself in, and the possibility of MF Global filing for bankruptcy, there is absolutely no
Updated: 10/31/2011 04:03A
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