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Regulator: MF Global Looks Suspicious
A US futures regulator said Tuesday that the activities of MF Global, the financial firm that filed for bankruptcy on Oct. 31, looked “suspicious as heck.” Bart Chilton, a commissioner on the US Commodity Futures Trading Commission (CFTC), told CNBC,
Updated: 11/15/2011 10:50A
Federal judge guarantees SME's power supply temporarily, hearing set for
A federal bankruptcy judge has issued a temporary order requiring Utilities providing power to Southern Montana Electric Generation & Transmission Cooperative to continue to do so pending a hearing next week. SME filed an emergency request with the
Updated: 11/15/2011 10:49A
Muni Bonds Safe From Default Risk, Study Says
The study, released the week after Jefferson County, Alabama, filed the biggest municipal bankruptcy in US history, draws on data from more than 8500 defaults occurring from 1920 to 2010. The rating company, established in 2010, determined that the
Updated: 11/15/2011 10:48A
Lehman, A&P, Tribune, Borders, Dynegy, MF: Bankruptcy
AP Exclusive: Lost JFK assassination tapes on sale 11.15.11 (This report contains items about companies both in bankruptcy and not in bankruptcy. Updates MF Global and A&P and adds Tribune, Madoff, Black Crow, Beacon Power and Jefferson County in
Updated: 11/15/2011 10:43A
Illinois CPA Society Names 2011 “Women to Watch” Award Recipients
CHICAGO – The Illinois CPA Society is honoring four members with the seventh annual prestigious “Women to Watch” awards which recognize notable contributions to the accounting profession, their organizations
Updated: 11/15/2011 10:41A
Delphi retirees seek pensions
Retirees are claiming, in both government and courtrooms, that the Pension Benefit Guaranty Corp. improperly terminated their pensions in late July 2009 as part of the Obama administration-led bankruptcy of automaker and former Delphi parent General
Updated: 11/15/2011 10:40A
Suit to resume against head of former Erie collection agency
The state Attorney General's Office can continue to sue the president of a now-defunct Erie debt-collection agency, though the former president has declared bankruptcy. Michael J. Covatto ran Unicredit America Inc.
Updated: 11/15/2011 10:32A
Lehman, A&P, Borders, Dynegy, MF Global, Inspirada: Bankruptcy
11 plan when the US Bankruptcy Judge in New York signed an order yesterday approving the explanatory disclosure statement. Creditors will finish voting by Dec. 9. The plan distributes assets in the order of priority called for in bankruptcy law.
Updated: 11/15/2011 10:29A
Official: MF Global Activity Looks "Suspicious"
(Reuters) - A US futures regulator said on Tuesday that activity leading up to the bankruptcy of brokerage MF Global appears to be "either nefarious or illegal." Bart Chilton, a Democratic commissioner at the US Commodity Futures Trading Commission,
Updated: 11/15/2011 10:26A
Reversal of Fortune: Thirty Years After Sordid Divorce, Roxanne Pulitzer
Roxanne, now 60, recently had her fifth husband help stave off the bankruptcy and foreclosure on the citrus growing business that her ex Peter and the twins they had together have been running. According to records in Okeechobee County, Fla.,
Updated: 11/15/2011 10:24A