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Indian operations unaffected by global news MF Global
MF Global Holdings, the futures broker took wrong calls on European sovereign debt, filed for US Chapter 11 bankruptcy protection. MF Global Holdings owns USD 6.3 billion of Italian, Spanish, Belgian, Portuguese and Irish debt.
Updated: 11/01/2011 12:21A
MF Global s collapse ripples through futures exchanges
MF Global filed for bankruptcy protection on Monday following bad bets on euro zone debt. London clearing house LCH.Clearnet declared it a defaulter. In Australia, trading in grain futures and options was suspended by bourse operator ASX Ltd on Tuesday
Updated: 11/01/2011 12:19A
European debt pushes MF Global to bankruptcy
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: 11/01/2011 12:09A
McCourt 'appears close' to agreeing to sell the Dodgers
Owner Frank McCourt, the paper says, "appears close to agreement with Major League Baseball on a bankruptcy settlement in which he would agree to sell the team." But in the details it all sounds iffier. From the Times' website: McCourt would get some
Updated: 11/01/2011 12:08A
Bankruptcy filing won't dim Beacon
(Paul Buckowski / Times Union) STEPHENTOWN -- Beacon Power Corp. is expected to continue operating its 20 megawatt flywheel energy storage operation in Stephentown after filing for Chapter 11 bankruptcy protection. Officials from Beacon could not
Updated: 11/01/2011 12:08A
European debt bets drive brokerage into bankruptcy
MF Global Holdings, which Corzine has headed since early last year, filed for bankruptcy Monday. 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
Updated: 11/01/2011 12:07A
Wall Street has first big victim of Europe crisis
(AP Photo/Rich Schultz, File) ORG XMIT: NYBZ189 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
Updated: 11/01/2011 12:06A
Beacon Power files for bankruptcy, sparking further scrutiny of US green loans
Beacon Power Corp filed for bankruptcy on Sunday, now the second beneficiary of the US government's controversial loan guarantee programme to call in the administrators. The Massachusetts-based company, which specialises in flywheel energy storage
Updated: 11/01/2011 12:05A
MF Global is first big US casualty of Europe's debt crisis
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 business partners to pull back last week, which led to a severe cash crunch,
Updated: 11/01/2011 12:03A
European debt claims first big U.S. victim as MF Global files for bankruptcy
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: 11/01/2011 12:02A
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