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Failed Solar Company's Auction Draws Bargain Hunters
To some people, the bankruptcy of the solar-module maker Solyndra shows the folly of government trying to pick winners in technology markets. To others, the furor over its $535 million federal loan guarantee represents an attack on the solar industry
Updated: 10/31/2011 08:07P
Goldman buys real estate portfolio from Lehman
The sale was previously approved by the bankruptcy court in August. The portfolio is comprised of 10 buildings representing 3 million square feet of space and 30 percent of all commercial real estate in Rosslyn, Va. Monday Properties, which originally
Updated: 10/31/2011 08:06P
MF Global Files Bankruptcy
NEW YORK—MF Global, the New York-based broker dealer, filed for Chapter 11 bankruptcy protection on Monday, becoming the first US-based casualty of the European sovereign debt crisis. The company announced the news in a message posted on
Updated: 10/31/2011 08:05P
MF Global collapses under eurozone debts
However, federal bankruptcy law may limit any possible severance payouts. First-day hearings in the case were scheduled for Tuesday at 3 pm in US Bankruptcy Court in Manhattan. Among other things, MF Global is expected to seek permission from Judge
Updated: 10/31/2011 08:04P
Exchanges clamp down on MF Global's trading
Financial exchanges barred MF Global's brokers from exchange floors and put limits on MF Global's trading yesterday to prevent the company's bankruptcy filing from rippling through to wider markets. CME Group and IntercontinentalExchange halted trading
Updated: 10/31/2011 08:03P
Corzine s MF Global collapses under euro zone bets
NEW YORK (Reuters) - Jon Corzine's bid to revive his Wall Street career crashed and burned on Monday when his futures brokerage MF Global Holdings Ltd filed for bankruptcy protection following bad bets on euro zone
Updated: 10/31/2011 08:02P
MF Global Proves It's Not Too Big To Fail
This morning, MF Global, a worldwide heavy weight contender in the futures markets, filed for Chapter 11 bankruptcy in the US Bankruptcy Court for the Southern District of New York. According to reports, the company got caught in high-risk trades,
Updated: 10/31/2011 08:02P
WSET.com - ABC13Solar panel maker Solyndra set to auction assets
(AP) - The bankrupt solar company Solyndra Inc. is auctioning off surplus assets this week as part of its bankruptcy proceedings. Starting Wednesday buyers can purchase the former solar manufacturer's office microwave, artwork that once hung on its
Updated: 10/31/2011 07:59P
MF Global Files Bankruptcy as Broker-Dealer Unit Liquidates
30 deadline to file its full list of debt and assets, seeking a 75-day extension of the usual two-week window given under bankruptcy law. The company “is one of the largest brokers in markets for commodities and listed derivatives,” making it large and
Updated: 10/31/2011 07:58P
KCTV 5Solar panel maker Solyndra set to auction assets
(AP) - The bankrupt solar company Solyndra Inc. is auctioning off surplus assets this week as part of its bankruptcy proceedings. Starting Wednesday buyers can purchase the former solar manufacturer's office microwave, artwork that once hung on its
Updated: 10/31/2011 07:57P