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Stocks slide on worries over European debt, MF Global bankruptcy
Equities tumbled worldwide on Halloween, denting the month's powerful advance, as worries about Europe's debt crisis flared again and the bankruptcy of brokerage MF Global Holdings Inc. rattled Wall Street. The dollar jumped as some investors sought
Updated: 10/31/2011 10:38P
Major securities firm files for bankruptcy over European debt
MF Global Holdings Ltd., which Corzine has led since early last year, filed for bankruptcy protection Monday. Concerns about the company's holdings of European debt caused its business partners to pull back last week, which led to a severe cash crunch,
Updated: 10/31/2011 10:37P
Daily Dispatches: MF Global's star bankers want jobs but no one's hiring
MF Global's elite bankers are on the hunt for jobs after the firm filed for bankruptcy, but the search will be super tough. “No big banks are hiring,” said Michael Karp, chief executive officer of New York-based Options Group Inc. “It's very tough to
Updated: 10/31/2011 10:36P
Bankruptcy judge nixes Tribune plans
A federal bankruptcy judge Monday rejected two competing plans for the reorganization of Tribune, the Chicago-based publishing and broadcasting company that was driven into Chapter 11 by mogul Sam Zell's ill-timed and over-leveraged buyout.
Updated: 10/31/2011 10:36P
Global stocks fall sharply as European debt fears return
AP, November 1, 2011 (London) Global stocks fell sharply Monday on concerns about Italy's ability to tame its colossal debts and the news that a US brokerage firm filed for bankruptcy over its potential exposure to bad European government debt.
Updated: 10/31/2011 10:36P
200-year-old brokerage MF Global collapses under euro zone bets
NEW YORK (Oct 31, 2011): 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 debt. Corzine, 64, who once ran
Updated: 10/31/2011 10:32P
MF Global Finance Files For Bankruptcy
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 10:26P
Overnight Markets: Wall Street slumps on MF Global bankruptcy
Financials came under heavy selling pressure after MF Global, the futures broker that made big bets on European sovereign debt, filed for US Chapter 11 bankruptcy protection, making it the biggest US casualty of the euro zone crisis.
Updated: 10/31/2011 10:23P
Tribune bankruptcy plan rejected
s plan to emerge from bankruptcy protection along with a rival plan from dissident creditors. Judge Kevin Carey said in a 126-page ruling that he may appoint a trustee to help end the three-year-old case if the company cannot come up with an acceptable
Updated: 10/31/2011 10:23P
ASE Suspends All MF Global Australia Trading After Bankruptcy Filing by Parent
The Australian Securities Exchange suspended all of trades of MF Global Australia due to the filing for bankruptcy on Monday night by its parent company in the US Deloitte was named administrator of MF Global operations in Australia.
Updated: 10/31/2011 10:23P
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