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MF Global bankruptcy due to Europe's financial crisis; 8th biggest in US history
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 11:15P
Millions of Customer Money Missing From Bankrupt MF Global
The brokerage firm MF Global filed Chapter 11 bankrupt on Monday in US Bankruptcy Court in Manhattan. The firm, which listed debt of $39.7 billion and assets of $41 billion, is run by ex-Goldman Sachs Group Inc. (GS) co-chairman Jon
Updated: 10/31/2011 11:15P
Report: Frank McCourt close to agreeing to sell Dodgers
According to Bill Shaikin of the Los Angeles Times, Frank McCourt “appears close” to an agreement with MLB on a bankruptcy settlement in which he would agree to sell the Dodgers. We learned last week that the Dodgers' bankruptcy trial was postponed for
Updated: 10/31/2011 11:14P
European debt crisis claims MF Global
MF Global Holdings Ltd., which Corzine has headed since early last year, filed for bankruptcy protection Monday. Concerns about the company's holdings of European debt caused business partners to pull back last week, leading to a severe cash crunch,
Updated: 10/31/2011 11:12P
Oil prices slip; market eyes FOMC, G20 meetings
The US-based futures brokerage MF Global filed for bankruptcy protection following bad bets on euro zone debt. Its meltdown in less than a week made it the biggest US casualty of Europe's debt crisis and the seventh-largest bankruptcy by assets in US
Updated: 10/31/2011 11:12P
Maureen Vella, Democrat
Every day, I have conversations with people who have struggles about the loss of their jobs, healthcare and their homes. I understand the struggles of the middle class and I use my skills as a Certified Collaborative Lawyer and Accredited Professional
Updated: 10/31/2011 11:11P
MF Global Suspended From LME Trading, CME Clearing After Filing
1 (Bloomberg) -- MF Global Holdings Ltd., the holding company that filed for bankruptcy protection yesterday, was suspended from trading on the London Metal Exchange. CME Group Inc., the largest futures market, also suspended the broker- dealer unit MF
Updated: 10/31/2011 11:11P
Beacon Power latest 'green' co. to fail despite state, US aid
“Storage technology (will be) necessary in order to integrate renewable energy into the grid,” he said. “Hopefully, the technology can make a strong comeback.” But Tim Buckley of the Massachusetts Republican Party was less charitable.
Updated: 10/31/2011 11:11P
MF Global first big victim of debt crisis
MF Global Holdings Ltd. has been suspended from conducting new business with the New York Fed amid reports that the company plans to file for bankruptcy. The Associated Press WASHINGTON — The European debt crisis has claimed its first big casualty on
Updated: 10/31/2011 11:08P
MF Global clients facing uncertainty
The on-going European debt crisis has helped force a US brokerage firm into bankruptcy. Now, hundreds of clients of its Australian subsidiary, MF Global Australia, are facing uncertainty. The company specialises in Contracts for Difference, or CFDs.
Updated: 10/31/2011 11:08P