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Securities firm run by former Gov. Jon Corzine files for bankruptcy
Concerns about the company's holdings of European debt caused its business partners to pull back last week, which led to a severe cash crunch, the company said in its filing. In a statement, the Securities and Exchange Commission and the Commodity
Updated: 11/01/2011 10:46A
This Stock Is Going to Zero, and You Know It
The stock now has nothing whatsoever to do with Blockbuster's business, assets, or even the trade name, and is explicitly worth absolutely nothing. The original restructuring plan provided no hope at all for shareholders: "There would be no recovery by
Updated: 11/01/2011 10:45A
Hundreds of millions possibly missing at MF Global
LONDON (SHARECAST) - MF Global, the troubled US futures broker which yesterday filed for bankruptcy, continues to face more problems. Regulators are searching for hundreds of millions of dollars that have gone missing from the firm's financial
Updated: 11/01/2011 10:42A
BCON, ENER, ASTI, HOKU: Beacon Power, Solyndra May Just be the Beginning
After Solyndra, energy storage company Beacon Power Corp (NASDAQ: BCON) became the second company backed by federal loan guarantees to file for bankruptcy protection this Sunday raising concerns about the existence of other solar
Updated: 11/01/2011 10:41A
MF Global's Demise Will Have Political Fallout
NEW YORK (TheStreet) -- Financial industry participants are expecting tougher regulations as a result of the rapid implosion of MF Global(MF), the futures broker that filed for bankruptcy Monday.
Updated: 11/01/2011 10:41A
Greek PM to Put Debt to Referendum Vote, G20 Summit Begins Thursday, MF Global
MF Global sought bankruptcy protection yesterday within a week of Moody's investors service cutting the New York based firm's credit rating, reporting a record quarterly loss and disclosing $6.3 billion of wagers on the sovereign debt of some of
Updated: 11/01/2011 10:40A
Corzine's BD could be liquidated
Corzine, 64, a former governor of New Jersey who helped run Goldman Sachs from 1994 to 1999, sought to transform MF Global into a midsize investment bank after arriving there in March 2010. He increased the firm's risk and used its own money to trade,
Updated: 11/01/2011 10:40A
Free Monthly Webinars for Distressed Homeowners from Expert Home Solutions
EHS is offering free webinars for distressed homeowners who may be in need of loan modifications or short sales. The next webinar “Anatomy of a Short Sale” will be Nov. 15, 6pm PST. Home owners facing divorce, bankruptcy, probate, NODs or NOTS,
Updated: 11/01/2011 10:39A
MF Global The Biggest Public Bankruptcy Of 2011, By A Mile
Monday's bankruptcy filing from brokerage firm MF Global did not come as a complete shock — the firm was scrambling to find a buyer over the weekend — but it does stand as the largest bankruptcy (by assets) of a public company this year,
Updated: 11/01/2011 10:39A
3 big questions for MF Global fiasco
Its bankruptcy filing is being challenged. Regulators appear to have been out of touch. Read full story on MF Global collapse . Investors are likely to suffer huge losses as a result of MF Global's decline and bankruptcy declaration.
Updated: 11/01/2011 10:38A
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