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MF Global Bankruptcy Filing Shows Company in Push To Create Core Business
MF Global's Chapter 11 bankruptcy filing, released today when the company filed for creditor protection in a Manhattan federal courthouse, is more or less what you'd expect to see if you peeked
Updated: 11/01/2011 06:49A
Jon Corzine
Regulators are investigating whether the firm, led by former New Jersey Gov. Jon Corzine, diverted customers' funds to cover its own risky trades. The company filed for bankruptcy protection on Monday.
Updated: 11/01/2011 06:48A
Beacon Power seeks bankruptcy despite $67 M in stimulus and loan guarantees
(AP) - A Massachusetts energy storage company that received a $24 million federal stimulus grant and a $43 million loan guarantee from the Department of Energy has filed for bankruptcy protection. Beacon Power Corp. of Tyngsboro, Mass.,
Updated: 11/01/2011 06:39A
The Future of MF Global
Administrators told MF Global Holdings employees in London yesterday that "it is likely there will be redundancies" as a result of the company filing for Chapter 11 bankruptcy, the Financial Times reported. But the company told them
Updated: 11/01/2011 06:38A
US securities firm files for relief of debts
By DEMOCRAT-GAZETTE STAFF FROM WIRE REPORTS WASHINGTON — MF Global Holdings Ltd., the securities firm run by former New Jersey governor and Goldman Sachs head Jon Corzine, sought bankruptcy protection on Monday, one week after reporting its
Updated: 11/01/2011 06:35A
Asia Regulators Suspend Local MF Global Units
Concerns about MF Global's European debt investments caused business partners to grow cautious last week, leading to a severe cash crunch, the company said in papers filed in Australian federal bankruptcy court. In Australia, MF Global offers financial
Updated: 11/01/2011 06:33A
Court to hear Gazprombank's $99 mln lawsuit against steel manufacturer
Gazprombank is suing Amurmetal for debt that resulted from a loan. Amurmetal entered into an amicable agreement with its creditors in December 2009 as a part of it bankruptcy case. The bank's claim in the steelmaker's bankruptcy case was the same as
Updated: 11/01/2011 06:28A
Range Fuels website down; is bankruptcy filing imminent?
In Georgia, the saga of Range Fuels took a turn for the macabre on, perhaps appropriately, Halloween day when unconfirmed reports surfaced that the company will file for bankruptcy. Current investors are said to have taken the decision to pull the plug
Updated: 11/01/2011 06:28A
MF Global may have millions missing
NEW YORK (CNNMoney) -- Money was found missing from the books of MF Global, a discrepancy that cost the brokerage a potential deal with Interactive Brokers and forced it into bankruptcy, according to government agencies. MF Global (MF), a company led
Updated: 11/01/2011 06:21A
MF Global Probe Said to Involve Hundreds of Millions Missing in Funds
The firm, which filed for bankruptcy protection yesterday, was ordered by the enforcement division of the Commodity Futures Trading Commission to preserve records for the review, one of the people said. MF Global, the holding company for the
Updated: 11/01/2011 06:21A