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Corzine Out At MF Global; Audit Committee, Board Make-Up In Question
In a move that seemed to have been sealed by MF Global's (MFGLQ) filing for bankruptcy, CEO Jon Corzine said Friday he had resigned from the commodities and futures broker. The official word from the company was that the former
Updated: 11/04/2011 07:41A
HORSEHEAD HOLDING CORP. : Announces Third Quarter 2011 Earnings
As has been widely reported, MF Global Holdings Ltd. and MF Global Finance USA filed for US bankruptcy protection under Chapter 11 of the US Bankruptcy Code earlier this week, and a special administration order was issued in the United Kingdom in
Updated: 11/04/2011 07:39A
Corzine quits bankrupt firm
By Politico Writer Jon Corzine is resigning as the chairman and CEO of MF Global, just days after the firm filed for bankruptcy on Monday. The former New Jersey governor and senator has declined a severance package worth $12.1 million, the Associated
Updated: 11/04/2011 07:36A
Unemployment Rate Dips To 9 Percent; 80000 Jobs Added
Meanwhile, there was a net gain of 80000 jobs on public and private payrolls. Private-sector employment went up by 104000 jobs. Government agencies reduced their payrolls by 20000. We'll have more from the report shortly.
Updated: 11/04/2011 07:35A
November's Low Price To Book Stocks Vs. Bankruptcy Risks
Many of these stocks are on the verge of bankruptcy, have lagged financial statements which do not accurately portray current equity values, or cannot be rationally valued on the basis of reported financial statements. Since the price-to-book ratio has
Updated: 11/04/2011 07:34A
The AM Roundup: Corzine's Counsel, Full Tilt, More
In Jon Corzine's corner: The (now former) MF Global chief executive has hired Dechert's Andrew Levander to represent him in cases that might stem from the securities firm's bankruptcy filing Monday. Not a bad choice.
Updated: 11/04/2011 07:34A
Corzine steps down from MF Global
MF Global filed for bankruptcy protection Monday after its bets on European debt spooked investors and trading partners. The company is under investigation by regulators and the FBI because hundreds of millions disappeared from customer accounts as it
Updated: 11/04/2011 07:32A
Jon Corzine resigns as CEO of MF Global
Corzine expressed great sadness about the firm's spectacular implosion and bankruptcy. Corzine, the former head of Goldman Sachs and an ex-governor of New Jersey and Senator from the state, will not take any severance payments, according to a separate
Updated: 11/04/2011 07:32A
Syms Corp., Filene's Close Up Shop
The news Wednesday that discount retailer Syms and its Filene's Basement affiliate are filing for bankruptcy protection and plan to liquidate might cause cost-conscious consumers to shed a cheap tear or two.
Updated: 11/04/2011 07:31A
Corzine Resigns From MF Global After Bankruptcy
(Source: Bloomberg) Jon Corzine resigned as chairman and chief executive officer of MF Global Holdings Ltd. (MF), the broker- dealer that filed the eighth-largest bankruptcy in US history this week. Corzine, 64, the former co-CEO of Goldman Sachs Group
Updated: 11/04/2011 07:31A
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