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Shortfall at Corzine's Former Firm Could Top $1B, Trustee Says
The amount of client money that went missing after a financial company led by former New Jersey Governor Jon Corzine filed for bankruptcy could be much greater than was initially reported. James Giddens, the court-appointed bankruptcy
Updated: 11/21/2011 01:16P
MF Global may be missing $1.2-billion
The bankruptcy came after the New York-based company revealed that it made a US$6.3-billion bet on European sovereign debt. Corzine resigned on Nov. 4. Giddens has transferred a portion of most accounts to other commodities brokers to give customers
Updated: 11/21/2011 01:11P
How to get USPS out of the red?
Postmaster General Patrick Donahue warns of bankruptcy in the US postal service's future should Congress fail to save the agency. The Postmaster General delivered more dire news last week. In the last fiscal year, the US Postal Service suffered losses
Updated: 11/21/2011 01:10P
TEXAS JUDGE APPROVES MOTIONS TO ALLOW MASSIVE ANIMAL TRANSFER
WASHINGTON, DC - Today, the US Bankruptcy Court for the Western District of Texas - San Antonio Division, ruled in favor of the transfer of 113 animals -- 112 macaques and one baboon -- from the now defunct Wild Animal Orphanage (WAO) in San Antonio,
Updated: 11/21/2011 01:08P
Trustee: 1.2B missing from 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 01:06P
Jefferson County's Bankruptcy 'Negative' for Madison, Alabama, Bond Sale
It filed for bankruptcy Nov. 9 when the county, a receiver overseeing the sewer system, bondholders and lawmakers failed to implement a tentative deal that would have cut the amount owed and increased sewer rates. Madison has a population of about
Updated: 11/21/2011 01:06P
MF Global trustee says $1.2 billion or more missing from customer accounts
AP WASHINGTON — 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, also said in a statement
Updated: 11/21/2011 01:01P
FOX Carolina 21MF Global trustee says $1.2B or more missing
Entertainment News from AP By MARCY GORDON AP Business Writer WASHINGTON (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
Updated: 11/21/2011 01:00P
Trustee: Up to $1.2 billion missing from MF Global customers' accounts
AP WASHINGTON -- 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 12:57P
MF Global trustee says $1.2 billion or more missing
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 and
Updated: 11/21/2011 12:36P