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MF Global collapse hits Australia commodities futures
ASX, the Australian exchange operator, has shut down the country's agricultural commodities market after the collapse of MF Global, highlighting the impact that the bankruptcy of the US-based broker is having on futures
Updated: 11/01/2011 03:40A
Bank auctions real estate worth $70 mln as part of bankruptcy proceedings
The Moscow Capital bank auctioned off three real estate facilities for a total of $70 million in the period from July 11 to September 27 as part of the bankruptcy proceedings, the Deposit Insurance Agency reported. The agency, appointed as a bankruptcy
Updated: 11/01/2011 03:39A
Europe crisis kills US firm
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 03:37A
Beacon Power: The Latest DOE Fueled Green Energy Failure
On Sunday night, Beacon Power (BCON), which makes flywheel technology to recycle unused power, filed for bankruptcy protection. Granted Beacon's loan guarantee was less than a 1/10th of Solyndra's at $43 million of which $39 million was used to finance
Updated: 11/01/2011 03:25A
Greek media: government referendum call as "political bankruptcy"
'The Greek government has already declared political bankruptcy,' read the headline of the leading Greek newspaper Eleftherotypia. 'The country was already in trouble ... now, with the referendum, the country has found itself at the edge of a cliff,'
Updated: 11/01/2011 03:22A
Europe shocked by Greek referendum on bailout deal
Greek Prime Minister George Papandreou has offered voters a referendum on the latest EU deal to rescue the country from bankruptcy, which could lead to Greece's exit from the eurozone and new parliamentary elections. European leaders reacted with
Updated: 11/01/2011 03:21A
Report: McCourt could sell Dodgers
LOS ANGELES — After a two-year battle to keep the Dodgers through a bruising divorce and a bankruptcy filing, owner Frank McCourt appears close to agreement with Major League Baseball on a bankruptcy settlement in which he would agree to sell the team.
Updated: 11/01/2011 03:18A
Deloitte & Touche LLP | Deloitte Partners appointed Voluntary Administrators
The move follows the bankruptcy filing by the MF Global parent company in the United States overnight. ASX has advised the administrators and the companies that all of the companies' participations in ASX markets and clearing and settlement facilities
Updated: 11/01/2011 03:17A
MF Global: The first US European debt casualty
New York - MF Global Holdings Ltd., the holding company for the broker-dealer run by former New Jersey governor and Goldman Sachs co-chairman Jon Corzine, filed for bankruptcy after making bets on European sovereign debt.
Updated: 11/01/2011 03:09A
9.5 percent gain Dow's best since October 2002
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 03:05A
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