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Jon Corzine, MF Global executives discussed proposed rule
Months before MF Global collapsed, then-CEO Jon S. Corzine met with regulatory officials about a proposed rule that could put new restrictions on investments in foreign government debt — the type of strategy that led to the brokerage's bankruptcy
Updated: 11/06/2011 11:26P
CME, ICE cut margin needs to limit MF Global fallout
KUALA LUMPUR (Reuters) - CME Group and IntercontinentalExchange Inc moved over the weekend to limit the fallout from the MF Global bankruptcy on futures markets by lowering margin requirements on some accounts. The CME also said on Monday
Updated: 11/06/2011 11:14P
NEWSMAKER - Greece's Papandreou, Socialist scion, felled by debt
By Dina Kyriakidou ATHENS (Reuters) - Greek Prime Minister George Papandreou was elected as a Socialist who would lavish jobs and benefits on the poor and working class, but was brought down two years later by an economic crisis that forced him to do
Updated: 11/06/2011 11:10P
Proposed rule was discussed by Corzine
Months before MF Global collapsed, then-CEO Jon S. Corzine met with regulatory officials about a proposed rule that could put new restrictions on investments in foreign government debt — the type of strategy that led to the brokerage's bankruptcy
Updated: 11/06/2011 11:07P
Greece seals deal on new coalition, PM to step down
Greece's politicians agreed on Sunday to form a unity government to approve a euro zone bailout, with Prime Minister George Papandreou due to step down to break an impasse after the EU demanded its parties join forces to avert bankruptcy.
Updated: 11/06/2011 10:54P
NEWSMAKER - Greece s Papandreou, Socialist scion, felled by debt
ATHENS (Reuters) - Greek Prime Minister George Papandreou was elected as a Socialist who would lavish jobs and benefits on the poor and working class, but was brought down two years later by an economic crisis that forced him to do
Updated: 11/06/2011 10:36P
Greece seals coalition deal under EU pressure
Greece's politicians agreed on Sunday to form a unity government to approve a euro zone bailout, with Prime Minister George Papandreou due to step down to break an impasse after the EU demanded its parties join forces to avert bankruptcy.
Updated: 11/06/2011 10:08P
Greek parties divided over compromise formula to end crisis
ATHENS Greece's ruling socialists and opposition conservatives offered rival plans for saving the nation from bankruptcy and safeguarding its euro zone membership, ignoring an appeal from the president to cooperate now on tackling the mess.
Updated: 11/06/2011 10:02P
Commentary on the European Crisis
A government that issues debt in a currency it prints never needs to declare bankruptcy. This is because it can always create new money to pay interest. European countries, as members of a currency union, do not have this privilege.
Updated: 11/06/2011 09:57P
Dippin' Dots serve wisdom
Borders filed for bankruptcy in February of this year and was never able to get their feet back on the ground. Last week, another well-known company followed their lead. Dippin' Dots Inc., filed for Chapter 11 bankruptcy, the Wall Street Journal
Updated: 11/06/2011 09:48P