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Jon Corzine

Former MF Global Customers Get Some Good News

Posted 11.23.2011 | Business

(Nick Brown, Christopher Doering and Jonathan Stempel) - Former customers of MF Global Holdings Ltd got some good news on Tuesday, as the bankruptcy t...

MF Global Revelations Keep Getting Worse

Janet Tavakoli | Posted 04.02.2012 | Business
Janet Tavakoli

How long does it take to find more than $600 million to $1.2 billion of customers' money? MF Global's books seem so messed up that one person couldn't have created this chaos alone.

Who Blinks First? Bad Bets in Europe and America

Charles Kolb | Posted 01.18.2012 | Business
Charles Kolb

America's future can be seen clearly in today's European crisis over sovereign debt. What is not clear is the path our country will take to resolve our own economic crisis.

The Koch Brothers and MF Global - Friends to the End

Daniel Dicker | Posted 01.14.2012 | Business
Daniel Dicker

The most stunning piece of news we're getting in the wake of the MF Global collapse is in the clients of the firm who managed to get away scot-free, with no freezing of accounts or capital -- particularly the accounts of the mega-cap independent oil company Koch Industries.

Think Again: It's All Connected (and That's the Problem)

Eric Alterman | Posted 01.12.2012 | Politics
Eric Alterman

What makes the impossible tangle of money and politics even more difficult to unravel is the fact that the various interests who hire lobbyists work together to ensure if one lobbyist wins, every lobbyist wins.

Greece and Corzine: Fixing What Hasn't Been Fixed

Dylan Ratigan | Posted 01.09.2012 | Business
Dylan Ratigan

It's time for our leaders to be honest about actually addressing the problem of gross overleveraging in finance, because the Eurozone mess isn't going away.

What MF Global Can Teach You About Investing

Dan Solin | Posted 01.08.2012 | Business
Dan Solin

About 150,000 customer accounts were frozen by the trustee in charge of liquidating MF Global. These customers face long delays in resolving this mess. You can learn some valuable lessons from this debacle.

MF Global Proves We Are All Still at the Mercy of Bankers

Daniel Dicker | Posted 01.07.2012 | Business
Daniel Dicker

The explosion of MF Global continues to cause ripple effects of the type we've seen before, and not in a good way, three years ago. Let me bring you up to date on this largely unreported, but still quite potent and ticking time bomb.

Corzine's MF Global Pushed Regulators to Use Client Funds

The Sunlight Foundation | Posted 01.04.2012 | Business
The Sunlight Foundation

Late last year MF Global urged a federal agency to allow futures firms to invest funds from their customer segregated accounts in foreign sovereign debt. The firm is also now the subject of investigations by several federal agencies.

Regulators Launching Broad Prove Into MF Global's Huge Loss

Posted 01.04.2012 | Business

U.S. regulators are launching a broad review into the business practices of failed futures brokerage MF Global Holdings Ltd as their hunt continues fo...

After Bankruptcy, CEO Resigns From Securities Firm

Posted 01.04.2012 | Business

MF Global Holdings Ltd Chief Executive Jon Corzine resigned, four days after the futures brokerage filed for bankruptcy protection. In a statement ...

Credit Derivatives and Leverage Sank Jon Corzine's MF Global

Janet Tavakoli | Posted 01.04.2012 | Business
Janet Tavakoli

Ratings downgrades will trigger increased margin calls. This is all business as (un)usual. What isn't usual is diverting money from segregated customer accounts. It's too late to blame "sloppiness, bookkeeping, or accounting."

Paul Blumenthal

Obama's Top Wall St. Fundraiser Under Investigation | Paul Blumenthal | Posted 01.02.2012 | Politics

WASHINGTON -- In the wake of the bankruptcy of MF Global, the broker-dealer firm headed by former Democratic politician and current fundraiser Jon Cor...

Lessons From MF Global

Jared Bernstein | Posted 01.02.2012 | Business
Jared Bernstein

The unraveling of MF Global provides a stark reminder of why we need to implement the Dodd-Frank financial reform legislation, a policy that every Republican candidate for president has promised to repeal.

Securities Firm Collapse May Interest FBI

Posted 01.02.2012 | Business

CHICAGO/NEW YORK, Nov 1 (Reuters) - MF Global Holdings Ltd failed to protect customer accounts by keeping them separate from its own funds, said a top...

A Liberal's Investment Firm Goes Under

The Relentless Conservative | Posted 01.01.2012 | Business
The Relentless Conservative

I never trusted Corzine. He always seemed to me to be the hypocritical embodiment of everything that Liberals always accused Conservative politicians of: money-grubbing greed, ignoring the disadvantaged and cheating honest people along the way.

Big Brokerage Firm Files For Bankruptcy After Bad Euro Bets

Posted 12.31.2011 | Business

NEW YORK (Reuters) - MF Global Holdings Ltd filed for Chapter 11 bankruptcy protection on Monday, court records show. The filing came after talks t...

Jon Corzine's Lesson for Wall Street Risk Takers

Charles Gasparino | Posted 12.28.2011 | Business
Charles Gasparino

MF Global -- which is unlikely to survive through the weekend, at least in its current form -- is no ordinary firm and the tale of how it became the latest casualty of mindless risk taking is something that every risk taker on Wall Street could learn from.

Paul Blumenthal

Obama Bundlers Bring The Big Bucks | Paul Blumenthal | Posted 12.15.2011 | Politics

WASHINGTON -- The re-election campaign of President Barack Obama has a wide base of small-dollar donors and a small base of big-dollar bundlers. A tot...

Matt Sledge

New Jersey Governor's Helicopter Ride Latest In Often-Criticized Tradition | Matt Sledge | Posted 08.01.2011 | Politics

This story was reported in collaboration with our partners at Chris Christie was in a rush to get from his son's baseball game in Montva...

Goldman Sachs, Business Standards and the Critics

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

Goldman Sachs' sixty-seven-page report of its business standards committee on proposed internal changes has been met with skepticism -- with one exception.

Will I Be Forced to Vote Republican?

Stanton Peele | Posted 05.25.2011 | Politics
Stanton Peele

Chris Christie opponents focus solely on what New Jerseyans will be losing -- not on what these things cost and what we can afford.

At Goldman Sachs, Partners Can Lose Their Coveted Status | SUSANNE CRAIG | Posted 05.25.2011 | Business

As many as 60 Goldman executives could be stripped of their partnerships this year to make way for new blood, people with firsthand knowledge of the p...

Cory Booker Is 41 Years Old

John R. Bohrer | Posted 05.25.2011 | New York
John R. Bohrer

Cory Booker has become cliche: Newark's Savior-in-Progress. An image that's been marching in place for the better part of a decade.

Jon Corzine, Former Goldman Sachs CEO, Says Company's Actions Hard To Justify

ABC News | Posted 05.25.2011 | Business

In an exclusive interview with ABC News' Bianna Golodryga, Jon Corzine addresses the allegations against Goldman and also urges for financial regulato...