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WBOC-TV 16, Delmarvas News Leader, FOX 21 - FBI to probe MF Global's use of
It required the company to raise more cash, according to court papers filed on Monday. MF Global reported its biggest ever quarterly loss last week, mainly because of losses on proprietary trading. Credit rating agencies downgraded the company's bonds
Updated: 11/01/2011 07:14P
Vallejo's bankruptcy ends after three tough years
Real estate agents were required to disclose the city's status to buyers and national media pointed to Vallejo as a nightmare scenario for cash-strapped cities everywhere. "I'd only advise cities to go this route if they have no other options," Whittom
Updated: 11/01/2011 07:12P
Tribune Co. to offer new bankruptcy plan
But Carey said he couldn't accept the Aurelius plan, either. In rejecting both plans, the judge said neither met requirements under bankruptcy law for acceptance by creditors that would be left with less than what they are owed.
Updated: 11/01/2011 07:05P
MF Global fired 15 employees at Japanese unit before bankruptcy: union
MF Global Holdings Ltd. fired 15 employees from its Japan unit before filing for bankruptcy Monday, said Kazuyuki Sugimoto, secretary general at the Federation of Foreign Bank Employees Union. The analysts, traders and sales staff had their employment
Updated: 11/01/2011 06:59P
Where's the money? Accounts shock for MF Global clients
The New York Times reported late on Monday that federal regulators discovered that hundreds of millions of dollars in customer money - supposed to be segregated and protected from the rest of the business - had gone missing. At the US Bankruptcy Court
Updated: 11/01/2011 06:58P
Tribune may have to drop employee lawsuit protection to get bankruptcy approval
But to win court approval of a revised plan, Tribune likely will have to drop a provision that offers protection from lawsuits to Tribune employees who cashed out stock in a 2007 leveraged buyout that left the company mired in debt.
Updated: 11/01/2011 06:57P
Another DOE Favorite, Beacon Power, Files for Chapter 11
(NCM: BCON) filed a voluntary petition in the United States Bankruptcy Court for the District of Delaware seeking relief under the provisions of Chapter 11 of the United States Bankruptcy Code. Beacon Power, which specializes in high-energy,
Updated: 11/01/2011 06:55P
FOX5 Vegas - KVVUIncreased holiday spending expected this year
Entertainment News from AP Despite high unemployment, foreclosure and bankruptcy rates, analysts predict holiday spending will be up in Nevada this season. According to the first Gallup holiday spending survey of the season, the average American is
Updated: 11/01/2011 06:51P
The time I tried to tear down the Big Four Bridge [The Arena]
Then I happened to read an article in the Wall Street Journal, indicating that Penn Central had filed for Chapter-11 bankruptcy protection in federal court. On a whim, I wrote a stern letter to the Chief Judge of the US Bankruptcy Court in Philadelphia
Updated: 11/01/2011 06:50P
Busy Trading Boosts CME
CME Group Inc.'s third-quarter earnings jumped 29% amid a double-digit jump in clearing and transaction fee revenue, but the results were overshadowed by the exchange operator's exposure to the bankruptcy of MF Global
Updated: 11/01/2011 06:48P
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