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Among MF Global Customers, 'Confusion' and 'Anger'
Some investors with assets tied to MF Global Holdings Inc. on Thursday still didn't have full access to their funds—despite a bankruptcy trustee's order Wednesday releasing some of those assets to new clearing firms.
Updated: 11/03/2011 01:57P
Electrified truck stop files for bankruptcy after $400000 stimulus injection
Both the state and EPA were apparently unaware that he had a history of legal and financial problems and had filed for bankruptcy, according to a Fox News report. “It is Solyndra in miniature,” said Rep. Phil Gingrey, R-Ga., referring to a Silicon
Updated: 11/03/2011 01:55P
Investors Still Without Full Access To MF Global Funds
NEW YORK (Dow Jones)--Investors with assets tied to MF Global Inc. (MFGLQ) Thursday still did not have full access to their funds -- despite a bankruptcy trustee's order Wednesday releasing some of those assets to new clearing firms.
Updated: 11/03/2011 01:53P
Solyndragate? White House to be Subpoenaed
Obama's renewable energy agenda, Solyndra received a $538 million federal loan prior to filing for bankruptcy protection. The failed California solar panel company filed for bankruptcy in early September. According to CNBC, congressional Republicans
Updated: 11/03/2011 01:53P
Lehman Brokerage Has Spent $642 Million to Liquidate
Trustee James Giddens and his law firm, Hughes Hubbard & Reed LLP, have earned about $169 million since the brokerage's parent company filed the biggest bankruptcy in US history in 2008, according to a filing in US Bankruptcy Court in Manhattan.
Updated: 11/03/2011 01:49P
Morgan Keegan Bidders Said to Reduce Offers After MF Global
s Morgan Keegan brokerage unit lowered bids by at least $200 million after financing markets deteriorated and MF Global Holdings Ltd. filed for bankruptcy, according to people with direct knowledge of the process. Thomas H. Lee Partners LP and Jeffrey
Updated: 11/03/2011 01:46P
CFTC Chief Recounts MF's Final Hours as Questions Mount
Commodity Futures Trading Commission Chairman Gary Gensler went to bed Sunday night thinking that a deal was close to keep broker-dealer MF Global Holdings Inc. out of bankruptcy. When Mr. Gensler was awoken a few hours later,
Updated: 11/03/2011 01:44P
Another Major Energy Company Files Bankruptcy
A Massachusetts energy company found itself filing for bankruptcy this week only months after receiving a $43 million loan from the federal government. According to Washington, DC watchdog TheHill.com, Beacon Power Corp., which creates energy storage
Updated: 11/03/2011 01:36P
Pa. orders fee increases, layoffs in Harrisburg
Harrisburg's City Council filed for federal bankruptcy protection last month in an effort to get creditors to reduce the approximately $300 million in debt tied to its trash incinerator. But the Republican-controlled state Legislature and Republican
Updated: 11/03/2011 01:32P
10 firms to get MF Global business
A group of 10 firms will take portions of MF Global Holdings Ltd.'s (MFGLQ) clientele as part of efforts to free up accounts and capital trapped by the broker-dealer's slide into bankruptcy earlier this week, according to people familiar with the
Updated: 11/03/2011 01:32P
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