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Jon Corzine

Senators: Giving MF Global Execs Bonuses Probably Not A Good Idea

AP | MARCY GORDON | Posted 05.15.2012 | Business

WASHINGTON — Senators are telling the trustee overseeing MF Global that it would be outrageous to pay bonuses to top executives of the collapsed...

MF Global Execs Could Get Bonuses, Because They Just Deserve It So Much

The Huffington Post | Alexander Eichler | Posted 03.09.2012 | Business

What do you do after your company implodes and customer money goes missing? You collect a bonus, of course. As many as 23 employees at MF Global, t...

Ryan Grim

Bill Clinton's Private Equity Career Short-Lived | Ryan Grim | Posted 03.02.2012 | Politics

WASHINGTON -- Former President Bill Clinton has ended his paid relationship with the global financial consulting and private equity firm Teneo Capital...

MF Global May Just Get Away With It

The Huffington Post | Jillian Berman | Posted 02.29.2012 | Business

It looks like MF Global might just get away with it. That's because prosecutors are having trouble figuring out what exactly "it" is. Even as a Ch...

MF Global: Crime, Comedy and the Cover-Up

Janet Tavakoli | Posted 04.29.2012 | Business
Janet Tavakoli

Since the September 2008 financial crisis, we've seen a pattern of misdeeds, dodgy financial reporting, congressional "investigations" that are all for show, slow and incompetent investigations, and ultimately a slap on the wrist for wrong-doers.

PHOTOS: Republicans' Not-So-Nice Valentines

Posted 03.27.2012 | Politics

The Republican National Committee got into the Valentine's Day spirit Tuesday with a line of teasing e-cards that were less hearts than arrows directe...

MF Global Still Owes Farmers And Ranchers Tens Of Millions Of Dollars

Reuters | Posted 04.03.2012 | Business

* CME to launch $100 mln fund for ranchers, farmers * Farmers say fund inadequate * Fund comes after Oct. 31 collapse of...

MF Global's Ex-Chief Risk Officer: I Warned Corzine

AP | MARCY GORDON | Posted 04.03.2012 | Business

WASHINGTON — A former executive at the collapsed brokerage MF Global testified Thursday that he warned then-CEO Jon Corzine a year before the co...

John Celock

Chris Christie To Lead Political Train Ride From N.J. To Washington | John Celock | Posted 03.26.2012 | Politics

New Jersey Gov. Chris Christie (R) will be leading a New Jersey invasion of Washington Thursday night, following the state's annual train party for po...

John Celock

Rush Limbaugh Asked To Apologize For 'Greaseball' Remark | John Celock | Posted 01.24.2012 | Politics

An Italian-American advocacy group is slamming Rush Limbaugh for making an on-air ethnic slur in December, now demanding that the conservative talk sh...

Corziñata: Ex-MF Global Employees Take A Whack At Old Boss

The Huffington Post | Harry Bradford | Posted 01.11.2012 | Business

Still angry at your old boss? Some former employees of bankrupt brokerage firm MF Global have found a way to deal with their frustration. Hint: It inv...

Ex-MF Global CEO Reportedly Shopped For French Mansion During Firm's Collapse

The Huffington Post | Jillian Berman | Posted 01.05.2012 | Business

As MF Global inched towards collapse, CEO Jon Corzine pre-occupied himself with a few other things -- namely securing a chateau for him and his wife i...

Congresswoman Marcy Kaptur Confronts MF Global and Wall Street

Janet Tavakoli | Posted 02.25.2012 | Business
Janet Tavakoli

When it comes to fraud, if you don't look for it, you don't find it, because when it comes to fraud, there is always a cover-up.

Obama Campaign Returns Corzine Donations

AP | By KEN THOMAS | Posted 12.24.2011 | Politics

WASHINGTON -- President Barack Obama's re-election campaign and the Democratic National Committee have returned more than $70,000 in contributions fro...

Marcus Baram

MF Global's Risky Practice Could Lead To Next Crisis | Marcus Baram | Posted 12.22.2011 | Business

The swift implosion of MF Global highlights a common practice used by aggressive speculators, one that experts say makes the broader financial system ...

MF Global Trustee Pursues Client Funds Held Overseas

Posted 12.21.2011 | Business

The U.S. trustee for bankrupt MF Global Holdings Inc is working to recover $700 million of client funds held by the broker's UK affiliate for U.S....

Corzine Meets Madoff

Christopher Brauchli | Posted 02.15.2012 | Business
Christopher Brauchli

A number of people have begun wondering what the difference is between Jon Corzine and Bernie Madoff. The answer is that Mr. Madoff knew exactly where his clients' missing billions of dollars went. Mr. Corzine is still trying to figure that out.

Rehypothecation Is An Old Story: MF Global's Story Is a Different Story of Filched Funds

Janet Tavakoli | Posted 02.15.2012 | Business
Janet Tavakoli

It was as if a Member of Congress had become Corzine's PR flack. Jon Corzine has been a big Congressional fundraiser and bundler, and it is interesting to see how cheaply some Members of Congress can be bought.

Jon Corzine Disputes Notion He Knew About Misused Customer Funds

AP | DANIEL WAGNER and MARCY GORDON | Posted 02.14.2012 | Business

WASHINGTON — Jon Corzine's three days of testimony on MF Global's collapse offered little to satisfy lawmakers or clients who lost millions when...

Corzine and Madoff: The Fruit of Financial Deregulation

Mark W. Schleisner | Posted 02.14.2012 | Politics
Mark W. Schleisner

The congressional advocates of deregulation insist that a market unfettered by government supervision creates jobs and prosperity. They're right -- i...

As MF Global Teetered On Collapse, Firm Drew Up Survival Guide

Posted 12.14.2011 | Business

WASHINGTON (Reuters) - Just days before it declared bankruptcy on October 31, MF Global concluded it could remain solvent even if a major ratings ...

Was Corzine Aware Of His Company Misusing Customer Funds?

Posted 12.14.2011 | Business

(Alexandra Alper and Aruna Viswanatha) - The regulatory arm of CME Group has turned over interviews to the Justice Department that allege former M...

Ex-MF Global CEO Tells Senators He Never Authorized 'Misuse' Of Client Funds

AP | DANIEL WAGNER and MARCY GORDON | Posted 02.12.2012 | Business

WASHINGTON — A financial-exchange executive said Tuesday that Jon Corzine might have known that MF Global tapped clients' money to lend to a Eur...

More Frozen MF Global Funds To Be Released To Customers

AP | The Associated Press | Posted 02.08.2012 | Business

The judge overseeing the bankruptcy of MF Global has approved releasing $2.2 billion more in frozen funds to customers of the firm. U.S. Bankruptcy J...

Ex-MF Global CEO Says He 'Never Intended' To Break Rules

Posted 12.09.2011 | Business

A contrite Jon Corzine, in his first public defense of his leadership of now-bankrupt futures brokerage MF Global, told U.S. lawmakers he "never i...