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MF Global says it used clients money - AP
- MF Global Holdings Ltd., the futures broker that filed for bankruptcy protection on Monday, has admitted to using its clients' money as its financial troubles mounted, AP reported, citing a US official. An MF Global executive made the
Updated: 11/01/2011 03:26P
Farewell, Frank: Dodger Faithful Have Reason to Rejoice
The LA Times' Bill Shaikin reports that embattled Dodgers owner Frank McCourt is close to a bankruptcy settlement which would include sell the team, Dodger Stadium, and its surrounding parking lots for at least $1 billion. The most obvious impact of
Updated: 11/01/2011 03:23P
MF Global's bankrupty one of the biggest in history
But the lesser known brokerage firm is now among a group of infamous companies that have filed mega bankruptcies. MF Global proved to everyone that it wasn't too big to fail and filed for Chapter 11 bankruptcy protection earlier this week.
Updated: 11/01/2011 03:21P
Financial ETFs Lead Market Decline with Nearly 5% Loss
Financial exchange traded funds led the way lower in stocks Tuesday as a surprise Greek referendum threatened the Eurozone bailout plan and fallout from MF Global's bankruptcy filing weighed on banks. SPDR S&P Bank ETF (NYSEArca: KBE) and Financial
Updated: 11/01/2011 03:18P
Federal regulators investigating missing money
Instead, the New York-based firm filed for bankruptcy on Monday. Regulators are examining whether MF Global diverted some customer funds to support its own trades as the firm teetered on the brink of collapse. The discovery that money could not be
Updated: 11/01/2011 03:16P
Grant Park Funds Responds to MF Global's Bankruptcy Announcement
COM/ — On November 1, 2011, MF Global Holdings Ltd., the parent of MF Global Inc. (collectively “MF Global”), one of the clearing brokers of Grant Park Futures Fund Limited Partnership (“Grant Park”), filed for bankruptcy protection under Chapter 11 of
Updated: 11/01/2011 03:15P
Can Greece Survive? - Analysis
But when Greece was again unable to pay up and lurched towards bankruptcy, its debt was restructured. In 1843 the Great Powers asked Greece to restrict all its public expenditures and use its customs revenues to pay off its foreign debt.
Updated: 11/01/2011 03:12P
MF Global's missing funds attract scrutiny of regulators
The brokerage filed for bankruptcy protection. Photograph: Lucas Jackson/Reuters US financial regulators are investigating the whereabouts of hundreds of millions of dollars in funds held by MF Global, the bankrupt securities firm run by Jon Corzine,
Updated: 11/01/2011 03:11P
Large Cap Technology Stocks are Tanking Today
Large cap technology stocks are following the broader market lower today, as fresh concerns about Greece's debt and the fallout from MF Global's bankruptcy filing weigh on the market. Following is some information of five of the
Updated: 11/01/2011 03:09P
Large Cap Utilties Stocks are Down in Today's Trading
Traders are concerned at the prospect of Greece defaulting on its debt, as well as the recent MF Global bankruptcy filing. Following is some information on the stock price performance of five of the largest companies in the Utilities sector.
Updated: 11/01/2011 03:09P
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