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Ponzi scheme results in sentence of 8 years
Bankruptcy. Heart attack. Major depression. Broken family relationships. Drained bank accounts and forsaken dreams for a comfortable retirement. These are things Randell E. Morrison, 55, left in the wake of his Ponzi scheme that cheated a number of
Updated: 11/04/2011 09:26P
MF Global Customers Say Frozen Money Shows Failure of Safeguards
5 (Bloomberg) -- Customers of MF Global Holdings Inc. whose money is still trapped at the futures broker almost a week after filing for bankruptcy protection say the safeguards meant to protect them failed as exchanges and regulators work to move
Updated: 11/04/2011 09:25P
MF Global CEO Corzine resigns
Jon Corzine has resigned as MF Global Holdings Ltd's chairman and chief executive, four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known executives.
Updated: 11/04/2011 09:20P
MF Global Customers Lament Safeguards as Regulators Work to Unfreeze Money
Customers of MF Global Holdings Inc. whose money is still trapped at the futures broker almost a week after filing for bankruptcy protection say the safeguards meant to protect them failed as exchanges
Updated: 11/04/2011 09:03P
Bank Transfer Day protesters act out their frustrations
That's why he came out Friday for the "Tour de Bankruptcy" protest in front of four big banks with branches on 41st Avenue. He joined a handful of protesters outside Wells Fargo. The group stopped at Citibank, Bank of America, and Chase and plans to be
Updated: 11/04/2011 08:58P
OneTouch Direct To Hire 700 Over 2 Years
The Federal Deposit Insurance Corp. seized Mid City Bank, based in Omaha, Neb., with $106.1 million in assets and $105.5 million in deposits, and SunFirst Bank, based in Saint George, Utah, with $198.1 million in assets and $169.1 million in deposits.
Updated: 11/04/2011 08:48P
Solyndra Execs Reap Bonuses Before Bankruptcy, Documents Show
While congressional Republicans are trying to find out more about the role the White House played in the $535 million loan guarantee that was awarded to Solyndra by the Department of Energy, the bankruptcy documents offer extensive information about
Updated: 11/04/2011 08:41P
Syms store in Tampa will close
The one Syms store in Tampa will close as a result of Syms Corp. filing for bankruptcy. The off-price apparel retailer that proved unable to digest its 2009 acquisition of Filene's Basement has chosen to close all
Updated: 11/04/2011 08:38P
Dippin' Dots Tries to Avoid Meltdown
After a four-year battle with its biggest lender, Dippin' Dots Inc. filed for Chapter 11 bankruptcy protection on Thursday in US Bankruptcy Court in Paducah, Ky., to avoid foreclosure. Dippin' Dots, the self-described "ice cream of the
Updated: 11/04/2011 08:36P
[ Tampa ]
The Federal Deposit Insurance Corp. seized Mid City Bank, based in Omaha, Neb., with $106.1 million in assets and $105.5 million in deposits, and SunFirst Bank, based in Saint George, Utah, with $198.1 million in assets and $169.1 million in deposits.
Updated: 11/04/2011 08:32P
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