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Factbox: Largest US bankruptcies
MF Global Holdings Ltd, a futures brokerage run by former Goldman Sachs chief Jon Corzine, filed for Chapter 11 bankruptcy protection on Monday after a tentative agreement to sell some assets fell apart. The company had assets of $41.05 billion and
Updated: 10/31/2011 11:51A
MF Global Files for Chapter 11 Bankruptcy
Oct. 31 (Bloomberg) -- MF Global Holdings Ltd., the holding company for the broker-dealer run by former New Jersey governor and Goldman Sachs Group Inc. co-chairman Jon Corzine, filed for bankruptcy after making bets on European sovereign debt.
Updated: 10/31/2011 11:50A
US-based broker MF Global files for Chapter 11 bankruptcy
By This Is Money Reporter International broker MF Global has filed for Chapter 11 bankruptcy in the US, putting an estimated 700 UK jobs under threat. The broker of commodities and derivative futures products was understood to have run into trouble
Updated: 10/31/2011 11:50A
Jefferies Has Less Than $9 Million at Risk From MF Global Debt
Oct. 31 (Bloomberg) -- Jefferies Group Inc. said its exposure to debt securities from MF Global Holdings Ltd., which filed today for bankruptcy, amounts to less than $9 million in mark-to-market positions. The position “resulted from facilitating
Updated: 10/31/2011 11:50A
Treasuries Rise as Japan Sells Yen, Italian, Spanish Bonds Drop
Oct. 31 (Bloomberg) -- Treasuries climbed, trimming the biggest monthly loss this year, as Japan sold yen to stem its rally and Italian and Spanish bonds fell on concern Europe's leaders will be unable to contain the region's debt crisis.
Updated: 10/31/2011 11:44A
MF Global Files for Bankruptcy After Bets on European Debt
Following a record loss, MF Global was suspended today from doing new business with the New York Federal Reserve, according to a statement on the regulator's website. Trading in MF Global's stock was also halted. MF Global declined 67 percent last week
Updated: 10/31/2011 11:14A
Stocks drop sharply as European debt fears return
(AP Photo/Koji Sasahara) The New York Federal Reserve suspended MF Global Holdings from conducting new business as a Treasury bond dealer Monday and hours later the firm sought bankruptcy protection after reportedly investing $6 billion in sovereign
Updated: 10/31/2011 11:14A
US broker bankrupt after euro debt losses
Check out ninemsn Finance's Tax Time for tips and advice on how to make your 2011/12 tax return work for you. Struggling US brokerage firm MF Global has filed for bankruptcy, after confidence in the firm was shattered by a string of losses from
Updated: 10/31/2011 11:12A
MF Global Hong Kong Has Been Meeting Obligations
Voluntary bankruptcy petitions for MF Global Holdings and MF Global Finance USA Inc. hit the docket in a US bankruptcy court in Manhattan mid-morning on Monday. MF Global listed assets of $41 billion and more than $39.68 billion in liabilities in its
Updated: 10/31/2011 11:11A
Beacon Power bankrupt; had U.S. backing like Solyndra
The company filed for bankruptcy on Sunday, just a year after it received a $43 million loan guarantee from a controversial Department of Energy program. BANKRUPTCY: The bankruptcy comes about two months after Solyndra — a solar panel maker with a $535
Updated: 10/31/2011 10:49A
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