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Endgame At Hand As Corzine's MF Global Files Chapter 11
Update 10:25 am: MF Global filed for bankruptcy Monday morning, according to Reuters and the Wall Street Journal. The latter reported that a proposed deal in which some of the firm's assets would be sold to Interactive Brokers, is off.
Updated: 10/31/2011 10:39A
MF Global: Likely Among the 10 Biggest Bankruptcies Ever
MF Global, the brokerage run by former Goldman Sachs chief Jon Corzine, today filed for bankruptcy protection, becoming one of the highest-profile US victims of bad bets on European government debt. With the Chapter 11 filing,
Updated: 10/31/2011 10:39A
Another Obama-supported green energy company goes bankrupt at taxpayer expense
Following in the bankrupt, Obama-embarrassing footsteps of Solyndra, the Beacon Power Corp filed for bankruptcy. A year ago, the company received a $43 million loan guarantee from the Obama administration's Department of Energy program.
Updated: 10/31/2011 10:35A
Metals Lower, Copper Down Sharply As MF Fears Persist
The metals market is much lower today, with copper leading the way down, as MF Global (NYSE: MF), a major commodity brokerage has just filed bankruptcy. The Bank of Japan intervened in the currency markets last night, also helping to
Updated: 10/31/2011 10:33A
MF Global on brink
Futures broker MF Global confirmed this morning that the New York Federal Reserve has suspended their primary dealer status amid clatter that MF Global is working on a bankruptcy filing and looking to sell assets to Interactive Brokers Group.
Updated: 10/31/2011 10:32A
Liberty Murder Suspect Squandered Thousands after Filing Bankruptcy
In February 2007 Hendricks filed for bankruptcy just 18 days before the death of her father. A law firm representing her creditors took Susan to court alleging she knowingly concealed a small piece of property she owned and the proceeds from her
Updated: 10/31/2011 10:32A
Troubled MF Global shares suspended
MF Global has been in frantic negotiations throughout the past weekend to find buyers for all or part of the company, and it has hired restructuring and bankruptcy advisers, according to sources familiar with the situation. The tentative plan calls for
Updated: 10/31/2011 10:32A
MF Global to file for bankruptcy
The Wall Street Journal reported Monday that MF Global would seek bankruptcy protection after investing $6 billion in sovereign bonds issued by European countries. Jon Corzine, the former New Jersey governor who now leads MF Global, was working to find
Updated: 10/31/2011 10:31A
Richard Rhodes Report, October 31
First, let's point out that MF Global is on the very of bankruptcy; the NY Fed has suspended as transactions with the company. Second, the BOJ has intervened in the currency markets in front of the November 3-4 meeting of G-20 leaders; and at one point
Updated: 10/31/2011 10:30A
MF Global files for bankruptcy: Bloomberg
The opinions and analysis offered on Forexlive are for educational purposes only and clients and prospects are advised to carefully consider the opinions and recommendations offered by the analysts and to use the analysis and opinions in conjunction
Updated: 10/31/2011 10:25A
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