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Risk, lax oversight riddle MF Global's past. Full Article
In several lawsuits, trustees of failed businesses that traded through MF Global have also alleged lax oversight at the brokerage. Among them is a lawsuit involving Nicholas Cosmo, a Long Island financial manager dubbed "mini-Madoff.
Updated: 11/11/2011 12:55A
Banker takes over in Greece
ATHENS, Greece (AP) — Greece appointed senior banker Lucas Papademos prime minister yesterday of an interim unity government that will seek to cement a European debt deal and stave off national bankruptcy. Chosen after four tortuous days of
Updated: 11/11/2011 12:53A
Kingfisher defends viability shares slump on concerns
Kingfisher Airlines is still a viable business and there is no dispute over its survival, its Chief Executive said on Friday, in an effort to dismiss widespread speculation that the cash-strapped airline was staring at bankruptcy.
Updated: 11/11/2011 12:50A
Stars Hearing Just One Week Away
Nevertheless, it appears almost certain, and the date of the club's court hearing for approval of their sale and prepackaged bankruptcy plan has been bumped up from November 23 to November 18. If that hearing goes off without a hitch, it's possible
Updated: 11/11/2011 12:43A
MF Global Customers Have Few Options, Can't Get Cash or Answers
Frustrated by a lack of legal options to reclaim frozen funds and dead-end inquiries to call centers and hotlines since MF Global's Oct. 31 bankruptcy, many are not able to trade and say they've lost faith in retail brokerages and the regulatory system
Updated: 11/11/2011 12:34A
Bankruptcy court throws wrench in non-judicial foreclosure proceedings
All states, of course, allow a creditor to foreclose on a home through the courts system, but not all of them have non-judicial procedures in place. Non-judicial foreclosures are, indeed, less costly for lenders and expedited.
Updated: 11/11/2011 12:32A
$4B county bankruptcy largest in history
The biggest civic bankruptcy in American history could leave residents of Alabama's most populous county paying astronomical rates for public services performed by a skeleton crew of county workers. Or it could simply mean tightening the belt another
Updated: 11/11/2011 12:31A
Bankruptcy forces sale of Crystal Cathedral
Santa Ana, -- Orange County - An attorney for the Crystal Cathedral told a bankruptcy court judge Wednesday that the church board has agreed to accept a proposal from either Chapman University or the Roman Catholic Diocese of Orange to emerge from
Updated: 11/11/2011 12:29A
Fee hikes and layoffs may trail collapse
The biggest civic bankruptcy in American history could leave residents of Alabama's most populous county paying astronomical rates for public services performed by a skeleton crew of county workers. Or it could simply mean tightening the belt another
Updated: 11/11/2011 12:28A
Chattanooga area bankruptcy listings
These are new cases, according to court records, that were filed in the Chattanooga and Winchester offices of US Bankruptcy courts Eastern District of Tennessee, Nov. 3-9: Cal, Anthony Lebron, 1009 S. Willow St., Chattanooga, 37404, Chapter 13 Faehl,
Updated: 11/11/2011 12:28A
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