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CFTC's Gensler says not in touch with MF's Corzine
WASHINGTON Nov 3 (Reuters) - US futures regulator Gary Gensler said he has not personally spoken to MF Global chief Jon Corzine since the firm filed for bankruptcy protection on Monday. Gensler, chairman of the Commodity Futures Trading Commission,
Updated: 11/03/2011 11:52A
House panel subpoenas White House over Solyndra
Solyndra filed for bankruptcy in late August and closed its doors, however, putting more than 1000 people out of work after it received $535 million in loan guarantees. The bankruptcy leaves the federal government unlikely to get the loan money back.
Updated: 11/03/2011 11:46A
MF Global: How Not to Manage Risk -- Securities Firm Goes Bankrupt With
The highly leveraged firm filed for bankruptcy protection Monday, after a big bet on European sovereign debt went sour. That same day, allegations of financial malfeasance began to surface, with regulators saying it appeared the bank had broken at
Updated: 11/03/2011 11:46A
Bankruptcy court upholds patent protections in cross-border case
At issue was an important protection afforded to patent licensees under the United States Bankruptcy Code, § 365(n), which limits a debtor's right to reject intellectual property licenses in bankruptcy and generally provides that, in the event of a
Updated: 11/03/2011 11:44A
Ad Exec Hires Ex-Borders Workers to Sell Book on Going Digital
So what's an ex-seller of those antiquated things called books to do? Aaron Shapiro, CEO of the digital advertising agency HUGE, has an idea. In what was perhaps a cruel twist of irony, Shapiro hired a few former Borders employees to hawk his new book
Updated: 11/03/2011 11:38A
Corzine's MF Global broke 'core foundation' rule, regulator says
Great Food & a Friendly Atmosphere in Woodbridge, New Jersey! We're open seven days a week and every... Welcome to Camp Bow Wow of Bridgewater, New Jersey's Premier Doggy Day and Overnight Camp! Our campe... 25 artists from 15 states and abroad are
Updated: 11/03/2011 11:38A
Rumor: ProCaps\DXS\Vforce (officially) entering bankruptcy
Another major player in the industry is calling it quits and moving on; read on for more details. ProPaintball's famed rumor squad has credible information that ProCaps, the holding company of famed paintball brand DraxxusDXS and Vforce Goggle Systems,
Updated: 11/03/2011 11:32A
Greek aid on stand-by as EU-IMF fume over referendum plan
Cannes, France — Greece's lifeline against bankruptcy was put on stand-by late on Wednesday, as the European Union and the International Monetary Fund (IMF) fumed at Athens' plans to hold a referendum on the new rescue package that had been prepared
Updated: 11/03/2011 11:31A
MF Global shifted client funds: US regulator
WASHINGTON--The embattled securities firm MF Global moved millions in missing client funds last week and tried to avoid detection as the company slid toward bankruptcy last week, a regulator said Wednesday. MF Global, which filed for bankruptcy
Updated: 11/03/2011 11:30A
MF Global Trader: 'I'm Bewildered'
Three days before MF Global declared bankruptcy. The trader was a relatively new hire. He had come on board from a much larger Wall Street firm that was rumored to be planning severe layoffs. He thought that MF Global was “on the rise.
Updated: 11/03/2011 11:28A
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