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Peterffy Bought 8 Million MF Global Shares as Broker Failed
The week before MF Global filed for bankruptcy on Oct. 31, the New York-based company's shares fell 67 percent to $1.20. They have since dropped to 14 cents. “I started to buy the stock as it went down,” Peterffy, chief executive officer of Greenwich,
Updated: 11/08/2011 06:56P
The hunt for MF Global's missing $600-million in customer money could begin at
Lawyers representing Harris Bank in the MF Global bankruptcy did not return a call or e-mail seeking comment. “The trustee is aware that some MF Global Inc. customer funds went through Harris Bank,” said Kent Jarrell, a spokesman for James Giddens,
Updated: 11/08/2011 06:54P
Harris Bank a starting point in hunt for missing MF Global cash
Lawyers representing Harris Bank in the MF Global bankruptcy did not return a call or e-mail seeking comment. “The trustee is aware that some MF Global Inc. customer funds went through Harris Bank,” said Kent Jarrell, a spokesman for James Giddens,
Updated: 11/08/2011 06:52P
Smith Moore Nabs 5 Ex-Shapiro Fussell Attys In Atlanta
2011, 6:43 PM ET) -- Smith Moore Leatherwood LLP has snagged five attorneys from Shapiro Fussell Wedge & Martin LLP — including the ex-chairman of Shapiro's executive committee — to boost its insurance and bankruptcy practices in Atlanta,
Updated: 11/08/2011 06:46P
Official: New Greek govt to be announced Wednesday
Greece's two biggest parties resumed talks Monday to agree on who should be the country's new prime minister, after reaching a historic power-sharing deal to accept a massive financial rescue package and prevent imminent bankruptcy.
Updated: 11/08/2011 06:45P
IIROC provides update on MF Global Canada Co.
4, 2011, the Canadian Investor Protection Fund (CIPF) obtained a bankruptcy order in Canada for MF Global Canada Co., and KPMG Inc. (KPMG) was immediately appointed trustee in bankruptcy. As a result of this development, the sole authority to deal with
Updated: 11/08/2011 06:44P
Jefferies Rises 1.6%; Is Cloud From MF Global Finally Parting?
Since MF Global (MFGLQ) started faltering, eventually landing in bankruptcy, other brokers felt the fallout. But investors have punished Jefferies Group (JEF) rather severely. About the same time MF Global was raising red flags,
Updated: 11/08/2011 06:42P
American Says Pilot Accord Possible as 'Window' Is Closing
s American Airlines, the subject of bankruptcy speculation as it seeks to cut costs, said a contract agreement with pilots may be reached within days while adding the “window of opportunity is closing.” “The time to act is now,” Sue Gordon,
Updated: 11/08/2011 06:37P
Jefferson County, Alabama Board Postpones Decision on Municipal Bankruptcy
Jefferson County commissioners, who were meeting in Birmingham, Alabama, to consider a record municipal bankruptcy, have recessed until tomorrow. They will reconvene at 1 pm local time,
Updated: 11/08/2011 06:34P
Alderman renews bankruptcy filing
The gas was released and ignited, according to a description of the case by the Milwaukee law firm Hupy & Abraham SC Justin's care, at Children's Hospital in Milwaukee, ran to over $1 million, Misner said, and caused the family to file for bankruptcy.
Updated: 11/08/2011 06:30P