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MF Global to face missing funds probe
AP and Reuters, Washington The embattled securities firm MF Global moved millions of US dollars in missing client funds last week and tried to avoid detection as the company slid toward bankruptcy, a regulator said on Wednesday.
Updated: 11/03/2011 11:00A
CFTC's Gensler Seeking MF Global Fund Recovery, Shortfall Cause
3 (Bloomberg) -- The US Commodity Futures Trading Commission, in dealing with MF Global Holdings Inc.'s bankruptcy, will aim “to ensure that customers maximize their recovery of funds and to discover the reason for the shortfall in segregated customer
Updated: 11/03/2011 11:00A
Los Angeles Dodgers to be sold at auction
A bankruptcy court must still approve the auction, but the sale could help the team move beyond some of the fiscal and ticketing uncertainty that has hurt the team for more than a season. "The Los Angeles Dodgers and Major League Baseball announced
Updated: 11/03/2011 10:59A
Gensler to act over broker segregation
He said: "Earlier this week, the CFTC and SEC determined that a Securities Investor Protection Corporation-led bankruptcy proceeding would be the safest and most prudent course of action to protect customers of this failing financial institution.
Updated: 11/03/2011 10:54A
Ex-MF Global Client: Needs Urgent Move To New Clearing Firm
The money has been locked in the accounts since MF Global filed for bankruptcy Monday. Wednesday, a bankruptcy judge freed some of the accounts to be moved to new brokerages. The EMC Master Fund, which invests in commodity futures and options,
Updated: 11/03/2011 10:53A
KCTV 5House panel approves subpoena on Solyndra loan
Solyndra received a one half billion dollar loan guarantee from the government before filing for bankruptcy in Sept. 2011. (AP Photo/Paul Sakuma) By MATTHEW DALY Associated Press WASHINGTON (AP) - A Republican-led House panel has agreed to subpoena
Updated: 11/03/2011 10:52A
Zoo closing leaves crocodiles homeless
CHARLOTTENBERG, Sweden, Nov 3, 2011 (UPI via COMTEX) -- The bankruptcy of a Swedish zoo has left three endangered crocodiles homeless and at the center of a desperate effort to find a home for them, officials say. "We can't put them down,
Updated: 11/03/2011 10:51A
"Mr. Bankruptcy" calls Jon Stewart a racist
New York, NY--Donald Trump is calling Jon Stewart a racist for pointing out that Herman Cain sexually harassed two women. "How dare Jon Stewart make jokes about Herman Cain harassing two women. It is totally racist to pick on a man because of his color
Updated: 11/03/2011 10:46A
House panel approves White House subpoena on Solyndra loan
Solyndra received a one half billion dollar loan guarantee from the government before filing for bankruptcy in Sept. 2011. (AP Photo/Paul Sakuma) By MATTHEW DALY The Associated Press WASHINGTON — A Republican-led House panel has agreed to subpoena
Updated: 11/03/2011 10:42A
House panel to subpoena White House on Solyndra loan
Solyndra received a one half billion dollar loan guarantee from the government before filing for bankruptcy in Sept. 2011. Solyndra made solar panels. (AP Photo/Paul Sakuma) (Paul Sakuma) WASHINGTON - A Republican-led House panel has agreed to subpoena
Updated: 11/03/2011 10:39A