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MF Global India 'Unaffected' by Parent's Bankruptcy Filing
1 (Bloomberg) -- MF Global Sify Securities India Pvt., a unit of the US company that filed for bankruptcy yesterday, is “unaffected” by the development and will continue its equities and commodities broking business, according to Managing Director
Updated: 11/01/2011 01:56A
Gigantic bankruptcy leaves future of former New Jersey Gov. Jon Corzine at risk
Now he's in the throes of one of the largest bankruptcy filings in US history. The curtain on the third act of ex-Jersey Gov. Jon Corzine, 64, came down with a thud Monday as the Wall Street firm he took over just a year ago filed for bankruptcy.
Updated: 11/01/2011 01:46A
Are Goldman Sachs bankers only any good when they're at Goldman Sachs?
The above seems a reasonable question to ask after the demise of MG Global, which has just filed for bankruptcy. Jon Corzine, the former chairman and CEO of Goldman Sachs, who joined MF Global as chief executive last year, appears to have been
Updated: 11/01/2011 01:43A
Buy Retail Stocks Before The Holiday Boom
AJ Wright, Blockbuster, Borders Group and Harry & David have all either gone bankrupt or needed bankruptcy protection in the last year or so. These are high-profile companies, so it doesn't surprise me that investors have been nervous about retail
Updated: 11/01/2011 01:43A
MF Global India: Remain 'Financially Strong'
By KHUSHITA VASANT MUMBAI -- Brokerage MF Global Sify Securities India Pvt. Ltd. Tuesday said its operations haven't been hurt despite its US parent filing for bankruptcy protection, and that the local company remains "financially strong and robust".
Updated: 11/01/2011 01:40A
Intervention and Faaaaaaading EU-phoria
Japan's intervention, ongoing questions about the details, or lack thereof, on the EU proposals, the upcoming G-20 Summit, along with policy decisions by the RBA, FOMC and ECB, the bankruptcy of MF Financial, and NOOOO new reasons to load up on risk,
Updated: 11/01/2011 01:35A
Trading firm MF Global Australia collapses, after US parent files for bankruptcy
The Australian division of American futures and derivatives firm MF Global is now in administration, with the parent company filing for bankruptcy in the United States after it announced a loss of nearly $US200 million due to its exposure to the
Updated: 11/01/2011 01:26A
ELEKTROBIT CORP: Eb, elektrobit corporation, interim report, january-septe..
Generally in a Chapter 11 case, any distribution of cash or other assets by a debtor to satisfy pre-bankruptcy claims of its creditors must be made under a Chapter 11 plan of reorganization or liquidation. Such plans must be approved by the United
Updated: 11/01/2011 01:25A
Stocks Get Spooked Monday
MF Global Finance filed for bankruptcy. Yahoo! fell sharply on reports that it will likely sell assets in Asia rather than pursue a sale of the company. In other corporate news, Sony will split its TV business into three separate units.
Updated: 11/01/2011 01:25A
US stocks dive
US stocks plunged Monday amid renewed worries about the eurozone debt crisis, which claimed its first major US casualty -- a key brokerage that filed for bankruptcy. On the last day of trading in October, stocks were under pressure from the start as
Updated: 11/01/2011 01:22A