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Receiver's concern over Sean Quinn bankruptcy
The receiver appointed to oversee Sean Quinn's bankruptcy has expressed concerns about the statement of affairs submitted to the High Court in Belfast. Lawyers for the receiver told a court in Dublin that the statement appeared to be unsatisfactory.
Updated: 11/21/2011 01:49P
MF Global Trustee James Giddens Says Up To $1.2 Billion Missing
AP 11/21/11 12:10 PM ET Associated Press 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 01:40P
Trustee: $1.2B Missing From Jon Corzine Firm
Court-appointed bankruptcy trustee James Giddens said in a statement that it is likely $1.2 billion — double previous estimates — is gone from clients accounts, the Associated Press reported. It was earlier reported that about $700 million in customer
Updated: 11/21/2011 01:40P
MF Global Shortfall May Exceed $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 01:38P
MF Global shortfall could exceed $1.2-billion: trustee
The court-appointed trustee overseeing MF Global's bankruptcy says up to $1.2-billion (US) is missing from customer accounts, double what the firm had reported to regulators last month. The trustee, James Giddens, also said in a statement Monday that
Updated: 11/21/2011 01:35P
Judge weighing role of Sewer Receiver in JeffCo bankruptcy
Commission President, David Carrington, says there is no issue with how Young handles the sewer operations, but there is no need to continue to pay his salary of $500 an hour. If the bankruptcy judge decides to remove Young from his role,
Updated: 11/21/2011 01:35P
TMZ reporting the demise of Kings sponsor Power Balance
According to the website TMZ.com, Power Balance, a corporate sponsor and owner of the naming rights to the Sacramento Kings arena, has settled a $57.4 million class action lawsuit, will declare bankruptcy and close up shop. What does this mean for the
Updated: 11/21/2011 01:28P
Recommended: Missing millions at MF Global may be double initial estimate
Breaking news and analysis of the economy, the business world, stocks, autos, real estate and consumer issues. Twitter: @msnbc_business By Patrick Rizzo More than $1.2 billion of customers' funds may be missing from the accounts of a brokerage formerly
Updated: 11/21/2011 01:25P
MF Global may come up $1.2B short, 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 01:24P
For the Bold: How to Bet on MF Global
Since declaring bankruptcy last month, following reports the brokerage couldn't locate more than $600 million in customer funds, MF Global's fortunes have plummeted. But that hasn't stopped hedge funds such as Centerbridge Partners and Apaloosa
Updated: 11/21/2011 01:16P
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