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s plan to emerge from bankruptcy protection along with a rival plan from dissident creditors. Judge Kevin Carey said in a 126-page ruling that he might appoint a trustee to help end the 3-year-old case if the company cannot come up with an acceptable
Updated: 11/01/2011 04:16A
Bankruptcy casts doubt in Fed plan
MF Global Holdings Ltd, just nine months after ascending to the list of primary dealers who transact business directly with the Fed, filed for Chapter 11 bankruptcy on Monday. The Federal Reserve Bank of New York has long claimed in public statements
Updated: 11/01/2011 04:13A
International Tennis Center files for bankruptcy protection
By Tim O'Reiley The International Tennis Center, an off-Strip attempt to revive visitor interest in a game that has attracted little local interest for years, filed for Chapter 11 bankruptcy protection Monday. The center has indoor eight courts at a
Updated: 11/01/2011 04:11A
MF Global Is The First Big US Victim Of The Europe crisis
Until he joined, the company was known mainly as a dealer in derivatives, which are investments based on the value of some underlying asset. Corzine wanted to build MF Global into a major investment bank. One method: Trading for the bank's own profit,
Updated: 11/01/2011 04:00A
Commodities: Retreat as Japan intervenes, MF Global throws in the towel
LONDON (SHARECAST) - Crude oil futures retreated slightly on Monday, in lighter than usual trading, as news that commodity brokers MF Global's bankruptcy sparked concern about traders liquidising positions. Crude oil for December delivery dipped 13
Updated: 11/01/2011 03:57A
US crude oil falls over US$2 on debt crisis worries
The US-based futures brokerage filed for bankruptcy protection following bad bets on eurozone debt. Its melt-down 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 history.
Updated: 11/01/2011 03:56A
EU debt sinks futures broker
the Chicago Board of Trade before the opening of pit trading and sources said they had been turned away after their security access cards were denied. The New York Federal Reserve suspended MF Global from conducting new business with the central bank.
Updated: 11/01/2011 03:54A
MF Global Suspended From LME Trade, CME Clearing on Filing
MF Global can still trade LME metals on the telephone, Chris Evans, head of business development at the LME, said by e-mail. Jeremy Skule, MF Global's spokesman in New York, didn't immediately return a Bloomberg call seeking comment yesterday.
Updated: 11/01/2011 03:54A
MF Global downfall
(THE ASSOCIATED PRESS) By Daniel Wagner and Chris Kahn THE ASSOCIATED PRESS WASHINGTON — MF Global Holdings Ltd., the securities firm run by former New Jersey Gov. and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection one week after
Updated: 11/01/2011 03:52A
Tribune stays in bankruptcy
Two plans to lift the Tribune Company, owner of the Los Angeles Times and Chicago Tribune, out of its three-year stay in bankruptcy have been rejected. Delaware's chief bankruptcy judge, Kevin Carey, turned down a proposed settlement advanced by the
Updated: 11/01/2011 03:40A
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