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Corzine's firm files for bankruptcy
Jon Corzine (D) has filed for bankruptcy, ending a series of frantic attempts by Corzine to find last-minute backers to buy its assets. The bankruptcy is a blow to Corzine, who was at the helm of MF Global as it expanded its investment in European debt
Updated: 10/31/2011 02:51P
US broker seeks bankruptcy protection
A US brokerage firm has filed for bankruptcy over its potential exposure to bad European government debt. The New York Federal Reserve suspended MF Global Holdings from conducting new business as a Treasury bond dealer and hours later the firm sought
Updated: 10/31/2011 02:45P
WBOC-TV 16, Delmarvas News Leader, FOX 21 - MF Global files for bankruptcy
Entertainment News from AP By CHRIS KAHN and DANIEL WAGNER AP Business Writers WASHINGTON (AP) - MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection one
Updated: 10/31/2011 02:44P
MF Global brokerage files for bankruptcy
MF Global Holdings Ltd filed for bankruptcy protection after a tentative deal with a buyer fell apart, marking a stunning failure for CEO Jon Corzine who tried to turn the more than 200-year-old futures brokerage into a mini-Goldman Sachs.
Updated: 10/31/2011 02:43P
Woes Mount for Local Energy Companies Beacon Power and American Superconductor
—Beacon Power, a flywheel energy storage company, filed documents seeking Ch. 11 bankruptcy protection. The move has shone some negative light on the US Department of Energy's loan guarantee program, which two years ago provided the cleantech company
Updated: 10/31/2011 02:43P
MF Global Failure May Spur More Oversight, Analyst Bove Says: Tom Keene
MF Global Holdings Ltd. (MF)'s bankruptcy filing may prompt the US Federal Reserve to “rethink” the definition of systemically important firms and to expand its oversight, according to bank
Updated: 10/31/2011 02:42P
Europe crisis drives Wall St. firm into bankruptcy
Jon Corzine filed for bankruptcy Monday morning, making it the first big American casualty of the European debt crisis. The firm, MF Global, had come under increasing strain in recent weeks due to $6.3 billion in outstanding bets on the sovereign debt
Updated: 10/31/2011 02:40P
Afterglow From Euro Bailout Quickly Fades for Investors
The bankruptcy protection filing from MF Global — a mid-sized trading firm run by former New Jersey Gov. and Goldman Sachs CEO Jon Corzine — only helped amplify the realization that more difficulties remain. MF Global got into trouble mainly because
Updated: 10/31/2011 02:38P
Flywheel maker Beacon Power files for bankruptcy
Flywheels are an energy-storage technology frequently used as a cleaner and lower-maintenance alternative to the traditional lead-acid batteries for storing energy in uninterruptible-power-supply (UPS) applications, including data center UPS.
Updated: 10/31/2011 02:34P
DOE Gets Another Black Eye With Beacon Bankruptcy
Sunday's bankruptcy filing by Beacon Power is the latest headache for the Department of Energy, which already faces scrutiny over its handling of a loan to Solyndra. Beacon filed for Chapter 11 bankruptcy protection Sunday,
Updated: 10/31/2011 02:30P
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