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Zamansky & Associates Announces Investigation on Behalf of MF Global Employees
NEW YORK -- Zamansky & Associates has launched an investigation into the collapse and bankruptcy of MF Global, which has resulted in substantial harm to its employees, including job loss and the drop in value of MF Global stock, restricted stock or
Updated: 11/11/2011 03:57P
Balkan Airlines ex-CEOs convicted in absentia
Three former chief executives of Bulgaria's Balkan Airlines, a Briton and two Israelis, were Friday convicted in absentia over the company's privatisation and bankruptcy in 2001, the prosecution said. Andrew Gray and Israelis Yehim Mar and Zvi
Updated: 11/11/2011 03:52P
Greece gets new cabinet
ATHENS — Technocrat Prime Minister Lucas Papademos took office yesterday to save Greece from bankruptcy, heading a coalition cabinet filled with many of the same politicians who led the nation into crisis and pushed the euro zone to the brink of
Updated: 11/11/2011 03:49P
MF Global Fires 1066 Brokerage Employees
The brokerage's parent, 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. Su Keenan reports on Bloomberg Television's "Money Moves.
Updated: 11/11/2011 03:49P
More than 1000 MF Global workers let go (NEWS.GNOM.ES)
Between 150 and 200 of the MF Global brokerage employees will be rehired to help with winding down the business and processing bankruptcy claims, Giddens said in his statement. “The termination of employees and closure of operations is a necessary part
Updated: 11/11/2011 03:48P
Harrisburg's financial future about to be decided, so what are the options?
Then there is bankruptcy. That will be back in court on November 23. Since that is Federal, many feel that would trump what the state does. But of course, the mayor and the state are trying to get the filing rescinded. They don't want bankruptcy to
Updated: 11/11/2011 03:47P
Papademos Sworn in as Interim PM of Greece
The new government's most pressing task is to approve Greece's recent EU bailout package and avoid bankruptcy. Papademos, who is not an elected MP, has said his priority will be to keep Greece in the eurozone. He is tasked with putting the debt-laden
Updated: 11/11/2011 03:39P
CME Ponies Up $300 Million To Help MF Global Trustee Deal With 'Mishandling
Since MF Global's Halloween bankruptcy filing, the spotlight has sharpened on what happened to more than $600 million in segregated customer funds that went missing in the wake of the brokerage firm's fall. On Friday, CME Group took an unprecedented
Updated: 11/11/2011 03:35P
CME Pledges $300 Million to Help Free MF Customer Cash
CME Group Inc. pledged $300 million to help hasten the release of customer cash and other collateral trapped in the bankruptcy of MF Global Holdings Ltd. The money, put forth in the form of a financial guarantee to the trustee overseeing
Updated: 11/11/2011 03:35P
MF Global Terminates Entire Workforce of 1066 Employees
James W. Giddens, the court-appointed trustee for the liquidation of MF Global, said in a statement that the company is dismissing workers in accordance with a bankruptcy court mandate. Between 150 and 200 former employees are being hired to assist
Updated: 11/11/2011 03:33P