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Municipal bankruptcy in Alabama: Will other local governments follow suit?
Municipal bankruptcy in Jefferson County, Ala., was filed this week and is the largest in US history. Other cash-strapped local governments are watching the case closely. By Patrik Jonsson, Staff writer / November 11, 2011 Lightning illuminates storm
Updated: 11/11/2011 02:33P
MF Global fires entire work force - 1066 employees
The company said Friday it is dismissing workers in accordance with a bankruptcy court-mandated liquidation. Between 150 and 200 former employees are being hired to assist with the liquidation and court proceedings. MF Global declared bankruptcy after
Updated: 11/11/2011 02:31P
Moody's puts Jefferson County debt on review for possible downgrade
By Martin Swant --- The Birmingham News BIRMINGHAM, Alabama -- Moody's Investors Service said today that it's placed several Jefferson County debt ratings on review for a possible downgrade, following the county's decision to file for bankruptcy.
Updated: 11/11/2011 02:29P
MF Trustee Fires Entire Broker-Dealer Workforce of 1066
MF Global Holdings Ltd., which was run by former New Jersey governor and Goldman Sachs Group Inc. co-chairman Jon Corzine, filed for Chapter 11 bankruptcy Oct. 31 after a $6.3 billion bet on the bonds of some of Europe's most indebted nations prompted
Updated: 11/11/2011 02:28P
Trustee Fires 1066 Workers at MF Global's Broker Dealer
Just two weeks after MF Global filed for Chapter 11 bankruptcy, the trustee overseeing the failed futures brokerage disclosed plans on Friday to fire all of its broker dealer employees as it liquidates the business. In a statement, the court-appointed
Updated: 11/11/2011 02:27P
MF Global fires entire workforce
AP Business Writer Defunct trading company MF Global Inc. has terminated its entire workforce of 1066 employees, the trustee for its liquidation said Friday. James W. Giddens, the court-appointed trustee for the liquidation of MF
Updated: 11/11/2011 02:24P
Business: MF Global fires entire workforce
AP NEW YORK — Defunct trading company MF Global Inc. has terminated its entire workforce of 1066 employees, the trustee for its liquidation said Friday. James W. Giddens, the court-appointed trustee for the liquidation of MF Global, said in a statement
Updated: 11/11/2011 02:23P
MF GLOBAL FALLOUT: 'I Will Never Do Business In The United States Of America
This is a letter sent to bankruptcy judge Martin Glenn, who is handling the MF Global bankruptcy. Our firm is a registered introducing broker with the CFTC. I have written to you previously on behalf of our customers. “I will never do business in the
Updated: 11/11/2011 02:21P
Gold Prices End Wild Week with Another Gain
Gold prices rode a roller-coaster this week, cresting midweek before plunging 2.2 percent over the next two days on fears Italy was following Greece into bankruptcy and threatening the Eurozone's survival.
Updated: 11/11/2011 02:20P
Entire MF Global workforce laid off
The company said Friday it is dismissing workers in accordance with a bankruptcy court-mandated liquidation. Between 150 and 200 former employees are being hired to assist with the liquidation and court proceedings. MF Global declared bankruptcy after
Updated: 11/11/2011 02:19P
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