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US probes if MF Global customer money missing: report
- Hundreds of millions of dollars in customer money went missing from MF Global in recent days, according to federal regulators investigating the futures brokerage that filed for bankruptcy, the New York Times reported on Monday.
Updated: 10/31/2011 09:51P
Now bankrupt MF Global, a major player in Indian markets
MF Global, a global broker-dealer led by former Goldman Sachs CEO and New Jersey ex-Governor Jon Corzine, which filed for bankruptcy in New York today, is quite active in India and figures among the top 25 brokerage houses in the country.
Updated: 10/31/2011 09:47P
Europe debt crisis claims first big Wall St casuality
Until he joined, the company was known mainly as a dealer in derivatives, investments based on the value of some underlying asset. Corzine wanted to build it into a major investment bank. One method: Trading for the bank's own profit, a practice known
Updated: 10/31/2011 09:43P
Another Solyndra so soon? Energy company files for bankruptcy (leaving
Beacon Power, an energy company that received a $43 million loan guarantee, through the same government programme as Solyndra, has filed for bankruptcy, leaving taxpayers to cover the $39.1 million in loans the company has not yet
Updated: 10/31/2011 09:35P
Report: Feds investigate MF Global
US regulators are investigating whether hundreds of millions of dollars are missing from client accounts at MF Global, TheNew York Times and Bloomberg News reported late Monday after the broker-dealer filed for bankruptcy
Updated: 10/31/2011 09:34P
Corzine's Firm MF Global Under Investigation
The firm filed for Chapter 11 bankruptcy protection Monday. It is not clear where the $700 million went, but regulators are investigating whether MF Global siphoned off customer money to support its own trades as they went bad.
Updated: 10/31/2011 09:33P
DESERT: Eagle Mountain dump developer files bankruptcy
The developer of what would have been the world's largest trash dump, in the desert east of Joshua Tree National Park, has filed bankruptcy, it was announced Monday. Mine Reclamation LLC filed for bankruptcy protection after a number
Updated: 10/31/2011 09:33P
Another Solyndra so soon? Energy company files for bankruptcy leaving
Beacon Power, an energy company that received a $43 million loan guarantee, through the same government programme as Solyndra, has filed for bankruptcy, leaving taxpayers to cover the $39.1 million in loans the company has not yet
Updated: 10/31/2011 09:28P
No benefit from bankruptcy sale
Why does the judicial system allow a billionaire to purchase a bankruptcy note of 3000- plus acres of farmland in a small community, taking numerous jobs and probably satisfying lenders with government money, instead of finding ways for local farmers
Updated: 10/31/2011 09:28P
Sweet October for stocks gets Halloween scare
Putting a cloud over one of the best Octobers for stocks in a generation, markets ended the month Monday with steep losses in the wake of a huge bankruptcy in the US financial sector and a new round of uncertainty in Europe.
Updated: 10/31/2011 09:27P
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