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MF Global fires all 1066 workers
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 06:03P
Does Alabama bankruptcy signal a municipal bond meltdown?
The bankruptcy filing by Jefferson County, Ala. will add to concerns about the risks in the $3.7 trillion US municipal bond market By Douglas French, Guest blogger / November 11, 2011 In this file photo, Joe Minter pickets in front of the Jefferson
Updated: 11/11/2011 06:02P
CME Offers $300M to Cover MF Global Funds
Some of the remaining money is cash that customers deposited with MF Global to allow them to trade derivatives. Big derivatives clearinghouse IntercontinentalExchange Inc. has asked that that money be returned immediately. Earlier Friday, James W.
Updated: 11/11/2011 06:01P
Simple Interest Loans Can Cause Hassles
With a growing family and recent bankruptcy, Stacey Casebolt-Sparrow was certain she could never finance another car until she found a dealer who offered to help in 2006, Consumer 10's Kurt Ludlow reported. The dealer steered Casebolt-Sparrow to a
Updated: 11/11/2011 05:19P
CME offers $300M to help unfreeze MF Global funds
Region/State Newsday > Business Content Preview Newsday/Optimum Online ® subscribers click here for full access Not a Newsday or Optimum Online ® subscriber? Click here CME offers $300M to help unfreeze MF Global funds Originally published: November 11
Updated: 11/11/2011 05:17P
MF Global fires entire work force after declaring bankruptcy
Other money that the company collected from clients has been frozen by a bankruptcy judge as he evaluates competing claims for the money. Some employees reported on Friday that the news was a surprise. A broker in Chicago learned about the termination
Updated: 11/11/2011 05:10P
Dynegy lease trustee seeks examiner for pre-filing transfer
A trustee for leases on some Dynegy Holdings LLC properties asked a judge to appoint an examiner to investigate allegedly fraudulent transfers of assets from the company to parent Dynegy Inc. two months before the unit filed for bankruptcy.
Updated: 11/11/2011 05:09P
Talks on Harrisburg recovery plan deadlocked
A majority on the council has filed for bankruptcy protection in an effort to get the city's creditors to forgive $100 million of that debt, but the largest creditors have rejected that idea. Mayor Linda Thompson, who opposes the bankruptcy petition,
Updated: 11/11/2011 05:04P
The Week in Review
“Bankruptcy is not an abstract word.” France must make these sacrifices to “avoid the day where policies are imposed upon us by others,” he said. This comes less than three months after France's last announced austerity measures.
Updated: 11/11/2011 05:04P
Fulbright & Jaworski LLP | "Market Update: Business, Banking and Bankruptcy
This program provided practical insights from banking and Fulbright professionals discussing the corporate, financial and bankruptcy issues you and your business may face in the current and foreseeable economic climate.
Updated: 11/11/2011 05:02P
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