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MF Global files for bankruptcy, undone by Europe's financial crisis
MF Global filed for Chapter 11 bankruptcy Monday after sustaining big losses on its holdings of debt issued by Italy, Spain and other troubled European nations. The firm had been run for the last year and a half by Jon Corzine, the former head of
Updated: 10/31/2011 10:19P
MF Global Probe Said to Involve Hundreds of Millions in Funds
MF Global, the holding company for the broker-dealer run by ex-Goldman Sachs Group Inc. co-Chairman Jon Corzine that filed for bankruptcy protection today, told regulators about deficiencies in accounts that it managed for clients in the futures market
Updated: 10/31/2011 10:13P
Saab Auto Clinches $844 Million Lifeline From China's Pang Da, Youngman
Saab, which has produced few cars since it first halted production in March because of a lack of money, avoided bankruptcy in September after an appeals court granted the voluntary reorganization.
Updated: 10/31/2011 10:11P
U.S. 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 10:11P
MF Global roils markets
Concerns about the company's holdings of European debt caused business partners to pull back last week, leading to a severe cash crunch, the company said in papers filed in federal bankruptcy court. The bankruptcy caused confusion on the Chicago
Updated: 10/31/2011 10:03P
KSWT: Local News, Weather, Sports Yuma, AZ El Centro Imperial Valley, CA
The state can't justify the statewide ban based on scattered instances of solicitations creating traffic problems in Phoenix, they said, adding that there are already laws on the books to deal with people who block traffic. The ban was among a handful
Updated: 10/31/2011 09:58P
MF Global falls victim to Euro debt crisis
Concerns about the company's holdings of European debt caused business partners to pull back last week, leading to a severe cash crunch, the company said in papers filed in the bankruptcy court. Chief executive Jon Corzine, who has headed MF Global
Updated: 10/31/2011 09:57P
Judge rejects reorganization plans for Tribune
Because of a ruling issued on Halloween, Tribune Co.'s “deal from hell” lives on. A federal bankruptcy judge Monday rejected two competing plans for the reorganization of Tribune,
Updated: 10/31/2011 09:57P
Former Gov. Corzine's Wall Street firm under investigation; hundreds of
MF Global Holdings, a large commodities brokerage firm Corzine took over last year, filed for bankruptcy protection today. In federal court papers, company officials said the European debt crisis had put the firm billions of dollars in debt.
Updated: 10/31/2011 09:53P
European debt crisis claims first big US casualty: MF Global Holdings
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, the company said in its filing. Corzine, the former head of investment banking giant Goldman Sachs Group Inc.
Updated: 10/31/2011 09:52P