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US court OKs trustee for MF Global brokerage
(Reuters) - A US judge has appointed a trustee to oversee the liquidation of the US brokerage unit of Jon Corzine's MF Global Holdings Ltd, which filed for bankruptcy protection on Monday, a federal agency said. James Giddens will oversee the
Updated: 10/31/2011 06:32P
NY Fed says MF Global no longer a primary dealer
NEW YORK Oct 31 (Reuters) - The Federal Reserve Bank of New York on Monday stripped MF Global of its status as a primary dealer after the futures brokerage filed for bankruptcy protection. The Fed announced its decision on its website.
Updated: 10/31/2011 06:32P
U.S. court OKs trustee for MF Global brokerage
Oct 31 (Reuters) - A federal judge has appointed a trustee to oversee the liquidation of the US brokerage unit of Jon Corzine's MF Global Holdings Ltd, which filed for bankruptcy protection on Monday, a federal agency said. James Giddens will oversee
Updated: 10/31/2011 06:32P
Rialto Village partnership settles with lender
RVTC is negotiations to hire Reata Real Estate Services to handle leasing and sales. RVTC also is negotiating with prospective joint venture partners to develop a luxury apartment project featuring as many as 320 units, he said.
Updated: 10/31/2011 06:31P
WBOC-TV 16, Delmarvas News Leader, FOX 21 - Energy firm that got federal help
(AP) - A Massachusetts energy storage company that received a $24 million federal stimulus grant and a $43 million loan guarantee from the Department of Energy has filed for bankruptcy protection. Beacon Power Corp. of Tyngsboro, Mass.,
Updated: 10/31/2011 06:30P
MF Global bankruptcy sends client funds into limbo
The bankruptcy filing Monday by broker-dealer MF Global Holdings Ltd. /quotes/zigman/581106/quotes/nls/mf MF -16.08% cast billions of dollars in US client assets into a legal limbo, with little clarity on when or how retail investors and
Updated: 10/31/2011 06:27P
Sustainable bankruptcy
The solar-panel manufacturer Solyndra received a $535 million loan from the US government announced layoffs of 1100 workers and plans to file for bankruptcy. (AP Photo/Paul Sakuma) The energy storage systems company received a $43 million Energy
Updated: 10/31/2011 06:24P
Comeback kid no more
On October 31st MF Global filed for bankruptcy after frantic efforts to sell assets or find a buyer failed. The cause of the firm's demise were trades and strategies driven by Mr Corzine—not least disastrous bets in the market for European sovereign
Updated: 10/31/2011 06:22P
MF Global Holdings Files for Chapter 11 Bankruptcy: Breaking News
At about 10:30 AM EST, MF Global Holdings filed for a chapter 11 bankruptcy as bets on Euro Zone debt crush the risk taking style of a major US commodities and capital markets focused investment bank. Jon Corzine, Chairman and Chief Executive officer
Updated: 10/31/2011 06:22P
Wall Street plunges
Source: AP US stocks plunged Monday amid renewed worries about the eurozone debt crisis and as a key US brokerage filed for bankruptcy. On the last day of trading in October, stocks were under pressure from the start as worries grew that the
Updated: 10/31/2011 06:22P