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Amid Eurozone Crisis, MF Global Files For Bankruptcy
MF Global Holdings filed for bankruptcy after an unsuccessful effort to find a buyer for the ailing firm. MF Global is headed by Jon Corzine, the former governor of New Jersey, who reportedly bet on the direction of European bonds -- and lost.
Updated: 10/31/2011 04:07P
MF Global seeks Chapter 11 bankruptcy protection
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 week after reporting its
Updated: 10/31/2011 04:07P
Bonds Rally as US Stock Losses Refuel Safety Bid
The bankruptcy of futures broker MF Global Holdings added to the nervousness. "It's the move down in stocks and also one of those 'Who's next?' trades prompted by the MF Global bankruptcy filing. But it's also because, after a phenomenal month,
Updated: 10/31/2011 04:05P
The Post-Bankrupt MF Global World
WSJ's Mike Spector joins Mean Street host Evan Newmark to discuss where MF Global, after declaring bankruptcy on Monday, goes from here. Photo: REUTERS/Brendan McDermid.
Updated: 10/31/2011 04:01P
Gold drops $22, but scores over 6% monthly gain
SAN FRANCISCO (MarketWatch) — Gold futures closed lower Monday as strength in the US dollar and a bankruptcy announcement by MF Global Holdings Inc. helped push prices for the metal down by $22 an ounce,
Updated: 10/31/2011 04:00P
Oil futures tally an 18% monthly gain
SAN FRANCISCO (MarketWatch) — Crude-oil futures finished slightly lower Monday as the dollar climbed and news of MF Global Holdings Ltd.'s bankruptcy spurred concerns over a spike in commodity-position
Updated: 10/31/2011 04:00P
CBOT Review: Soybeans end lower
Declines in soybeans were also encouraged by news of MF Global's bankruptcy filing Monday. MF buyers were barred from a physical presence on the CBOT trading floor and limited to the liquidation of market positions following the bankruptcy filing.
Updated: 10/31/2011 03:59P
The party's over for Jon Corzine: Risk-taking former governor and Goldman
It looks like Jon Corzine's love of risk-taking is finally proving to bring him down after his securities fund today filed for bankruptcy protection. Futures brokerage MF Global Holdings filed after a tentative deal with a buyer fell
Updated: 10/31/2011 03:59P
UK, German Clearinghouses Join Clampdown On MF Global
The bankruptcy of MF Global Holdings Ltd. (MF) on Monday had UK regulators triggering new banking safeguards for the first time, while exchanges and clearing entities around the world clamped
Updated: 10/31/2011 03:58P
METALS-Copper slips as enthusiasm wanes over EU deal
* Copper climbs 13 percent in October * Succumbs to currency-related macro pressures * MF Global files for bankruptcy protection * LME warehouse stocks fall; Cash copper trades at premium * Coming up: US manufacturing data Tuesday By Chris Kelly and
Updated: 10/31/2011 03:58P