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MF Global trustee says $1.2B or more missing
AP The court-appointed trustee overseeing MF Global's bankruptcy says up to $1.2 billion is missing from customer accounts, double what the firm had reported to regulators last month. The trustee, James Giddens, has been combing through the accounts
Updated: 11/21/2011 12:35P
MF Global Shortfall May Be Up to $1.2 Billion, Trustee Says
The parent, MF Global Holdings Inc., filed for bankruptcy to apportion returns to creditors. Giddens has so far brought $3.7 billion under his control, all of which has come from the former US depositories of MF Global Inc., according to his statement.
Updated: 11/21/2011 12:29P
Trustee in MF Global case says $1.2B in customers' money missing, twice what
AP The court-appointed trustee overseeing MF Global's bankruptcy says up to $1.2 billion is missing from customer accounts, double what the firm had reported to regulators last month. The trustee, James Giddens, has been combing through the accounts
Updated: 11/21/2011 12:29P
MF Global trustee says shortfall may be bigger
The trustee liquidating MF Global Holdings Ltd's broker-dealer unit said on Monday that the apparent "shortfall" of customer funds may be larger than the futures brokerage had reported prior to its bankruptcy. "The trustee believes that even if he
Updated: 11/21/2011 12:28P
Jefferies Fights Market Rumors In New Letter
Investment bank Jefferies (NYSE: JEF) has been the target of a number of rumors in the wake of MF Global's bankruptcy, and the stock has lost 20% in just the last month. The firm released a six-page letter on its homepage on Monday
Updated: 11/21/2011 12:24P
CBS 3 Springfield - WSHMMF Global trustee says $1.2B or more missing
Entertainment News from AP By AP The court-appointed trustee overseeing MF Global's bankruptcy says up to $1.2 billion is missing from customer accounts, double what the firm had reported to regulators last month. The trustee, James Giddens,
Updated: 11/21/2011 12:23P
Investor account theft more than double prior estimates in MF Global scandal
On November 21st, the trustee for the MF Global bankruptcy issued a report that investor account losses appear to be twice the original $600 million reported in the early stages of the MF Global scandal. Now estimated at $1.2 billion dollars,
Updated: 11/21/2011 12:23P
Beacon Power settles with DOE Loan Programs Office
Tyngsboro, Mass., November 21, 2011 — Beacon Power Corp. reached an agreement with the US Department of Energy's Loan Programs Office at a second Delaware court hearing on November 18, 2011, in the company's Chapter 11 bankruptcy proceeding.
Updated: 11/21/2011 12:22P
Beacon Power To Sell Flywheel Plant To Settle DOE Loan
The deal took place last week during the second Delaware court hearing in the company's Chapter 11 bankruptcy proceeding. The company filed for bankruptcy on Oct. 30. Beacon Power must sell the plant by Jan. 30, 2012, so that the LPO can recover the
Updated: 11/21/2011 12:21P
Rockland parents, kids, left in lurch after gym closure
SPRING VALLEY — Nearly 200 children and their parents have been left in the lurch after a local gym shut its doors suddenly amid a bankruptcy filing. The Little Gym of Rockland, one of about 300 franchises affiliated with The Little Gym International
Updated: 11/21/2011 12:14P
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