Mf Global

Regulaor: 'Corzine Rule' Will Start 'Restoring Public Confidence'

Reuters | Posted 05.30.2012

Read More: Customer Funds, Jon Corzine, Commodities Futures Trading Commission, Mf Global Collapse, Video, Corzine Rule, Reuters, MF Global, Mf Global Bankruptcy, The National Futures Association, CME Group, Business News

CHICAGO, May 29 (Reuters) - Futures brokers would need to get approval from a top executive before making big withdrawals from customer accounts und...

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How Jon Corzine Was Hit By The Housing Crisis

The Huffington Post | Harry Bradford | Posted 05.29.2012

Read More: Jon Corzine Penthouse, Video, Mf Global Collapse, Housing Market, Jon Corzine, Wall Street, MF Global, Mf Global Ceo, Hoboken, Real Estate, Slidepollajax, Meg Ryan, Billy Joel, Business News

It seems former MF Global CEO Jon Corzine has been hit by the housing crash. The ex-Governor of New Jersey recently sold his Hoboken penthouse apar...

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Which Wall Street Party Do You Want to Vote For?

Joseph A. Palermo | Posted 05.24.2012

Read More: JP Morgan Chase, Bill Clinton, Cory Booker, Ed Rendell, President Obama, Wall Street, Mitt Romney 2012, Bain Capital, MF Global, Occupy Wall Street, Larry Summers, John Corzine, Jamie Dimon, Timothy Geithner, Alan Greenspan, Glass-Steagall, Politics News
Joseph A. Palermo

It's an uphill climb for Obama to even mildly criticize Mitt Romney for being a vulture capitalist given his lack of accomplishment in holding anyone on Wall Street accountable for the economic carnage they wreaked.

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Corzine Netted Millions From MF Global Before Collapse

Reuters | Posted 05.22.2012

Read More: Goldman Sachs, Jon Corzine, Mf Global Collapse, Video, Bankruptcy, Ceo Jon Corzine, MF Global, Jon Corzine Pay, CEO Compensation, Slidepollajax, Corzine Pay, Mf Global Pay, Business News

(Reuters) - Former MF Global Holdings Ltd chief Jon Corzine received more than $8 million in pay and stock options from the futures brokerage in the y...

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JPMorgan Whale Fail And Nine Other Big Bank Disasters

Posted 05.11.2012

Read More: UBS Rogue Trader, JPMorgan Chase, Citigroup Bailout, Jpmorgan Chase 2 Billion Loss, MF Global, Business News, Mf Global Bankruptcy, Slideexpand, Jpmorgan Chase London Whale, Jpmorgan-Chase-Loss, Business News

Officials at JPMorgan Chase announced Thursday that the bank lost billions of dollars on "egregious" credit trades gone wrong. But the bank was ce...

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Laid-Off MF Global Employee Can't Even Get A Job Here

The Huffington Post | Harry Bradford | Posted 05.08.2012

Read More: Layoffs, National Employment Law Project, Jon Corzine, Video, Wall Street, Chrysler, Bureau of Labor Statistics, MF Global, Jobs, Target, Bak of America, Business News

Those years at MF Global can't even ensure you a retail job these days. Former mid-level MF Global employee Dan Whiteford says he has yet to be of...

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MF Global Implosion: Congressman Grimm Sends a Message

Janet Tavakoli | Posted 05.03.2012

Read More: Representative Michael Grimm, Mf Global Bankruptcy, MF Global, Jon Corzine, James Giddens, Politics News
Janet Tavakoli

MF Global is another glaring example of our hypocrisy and cronyism and lack of will to restore rule of law to our financial system. The perception is that the needle has moved further in the wrong direction.

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An October Surprise on Wall Street

Charles Gasparino | Posted 05.01.2012

Read More: Lloyd Blankfein, Goldman Sachs, Jon Corzine, Lehman Brothers, MF Global, Financial Crisis, Securities and Exchange Commission, Wall Street, Dick Fuld, Business News
Charles Gasparino

Coming this fall, as President Obama makes his final push for a second term, his Justice Department will finally give the public what it wants in the form of an arrest of a major Wall Street figure for his role in the financial crisis.

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Renewed Hope That Jon Corzine, President Obama's Top Tier Campaign Bundler, Will Face Criminal Charges

Janet Tavakoli | Posted 05.01.2012

Read More: Jon Corzine, Mf Global Bankruptcy, MF Global, Obama Mf Global, MF Global Corzine, Obama Corzine, Video, Politics News
Janet Tavakoli

Even if all of the MF Global money is eventually clawed back and recovered, this remains an impermissible act. People have been denied access to their money, and businesses and reputations have been tarnished. So far, no one has been held accountable.

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Missing MF Global Customer Founds All Accounted For

The Huffington Post | Harry Bradford | Posted 04.25.2012

Read More: JPMorgan Chase, Jon Corzine, Video, Commodities, Mf Global Collapse, Securities, Farmers, MF Global, Slidepollajax, Cnnmoney, James Giddens, Business News

Jon Corzine might not know where the money is, but somebody certainly does. James Giddens, the trustee overseeing MF Global's liquidation, told th...

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Decisive News On MF Global Bonuses

Reuters | Posted 04.25.2012

Read More: Mf Global Executives, Mf Global Bonuses, MF Global Bonus, Reuters, MF Global, Video, Business News

* Trustee Freeh says never his intention to pay bonuses * Says he needs to retain 15 MF Global employees * Likens these ...

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Lessons of MF Global: Stop Starving the Regulators, Especially the CFTC

Leo Hindery, Jr. | Posted 04.17.2012

Read More: Rosa DeLauro, Gary Gensler Chairman CFTC, Peter Welch, Cftc, Leonard Boswell, MF Global, Politics News
Leo Hindery, Jr.

Anyone who thinks we've shut the barn door on misdeeds in the financial, commodities and futures markets apparently has never heard of the latest debacle, MF Global. The clarion call that arose out of the 2008 meltdown is still pealing.

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In Retrospect, Not Best Idea For MF Global Exec To Have Said That

Reuters | Posted 04.14.2012

Read More: Mf Global Customers, Video, Mf Global Customer Safeguards, Mf Global Customer Funds, Reuters, MF Global, Mf Global Fail, Mf Global Safeguards, Mf Global Funds, Business News

* Edith O'Brien was involved in MF Global fund transfers * Refused to testify before Congress on her role * O'Brien appe...

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Forget The Squid. Meet The Whale.

The Huffington Post | Mark Gongloff | Posted 04.13.2012

Read More: Goldman Sachs, JPMorgan Chase, Bear Stearns and JPMorgan Chase, Wall Street, Lehman Brothers, Jpmorgan, MF Global, Banks, Jamie Dimon, Business News

Never mind the Squid. Keep your eye on the Whale. JPMorgan, that is, which is not nearly as vilified as Goldman Sachs, but is bigger and potentiall...

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MF Global: JPMorgan Produces Smoking Gun

Janet Tavakoli | Posted 04.30.2012

Read More: JPMorgan Chase, Jon Corzine, Mf Global Bankruptcy, Video, MF Global, Financial Reform, Mf Global Bankrupt, Financial Regulation, Business News
Janet Tavakoli

In my opinion, MF Global former CEO Jon Corzine knew or should have known there was a strong probability that customer funds would be transferred. As it happens, they were.

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MF Global's Insurance Money Could Pay For Corzine's Defense

Reuters | Posted 04.03.2012

Read More: Jon Corzine, MF Global Holdings, Mf Global Collapse, Video, Jon Corzine Mf Global, MF Global Corzine, Mf Global Probe, MF Global, Reuters, Business News, Mf Global Insurance Money, Mf Global Bankruptcy, Business News

* MF trustee seeking release of $25 mln in insurance funds * Policies cover liability from acts of directors, employees ...

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Goldman & Friends

Mitch Feierstein | Posted 05.29.2012

Read More: Goldman Sachs, Jon Corzine, Greece, Business News, Financial Crisis, Aig, Italy, Recession, Hank Paulson, MF Global, Banking, Banks, Volcker Rule, Glass-Steagall, Business News
Mitch Feierstein

Greg Smith's recent wail of resignation made it clear that Goldman Sachs has long lost touch with these simple truths. The thing is, though, you don't have to be a client of Goldman's to lose out, you just have to be, well, a human.

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D.M. Levine

It Wasn't Me! MF Global Executives Plead Fifth, Offer No Answers on Disappearing Money

HuffingtonPost.com | D.M. Levine | Posted 03.29.2012

Read More: Congress, Financial Regulation, Testimony, MF Global, Business News

Who authorized the transfer of millions in customer investments just before the collapse of brokerage firm MF Global? That's the question no one testi...

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MF Global Exec: I Plead The Fifth

Posted 03.28.2012

Read More: Customer Funds, Fifth Amendment, Congress, Video, New Jersey, Jpmorgan, Self-Incrimination, Chief Financial Officer Henri Steenkamp, MF Global, House Financial Services Oversight Subcommittee, Lawmakers, Job Corzine, General Counsel Laurie Ferber, Business News

WASHINGTON — A former MF Global executive has refused to answer lawmakers' questions about $200 million that was transferred out of a customer accou...

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Who Knew?

The Huffington Post | Mark Gongloff | Posted 03.28.2012

Read More: Mf Global Missing Money, Video, Mark Gongloff Things to Know, Seven and a Half Things, Seven and a Half Things You Need to Know, MF Global, Seven and a Half Things to Know, 7 1/2 Things, 7.5 Things, Things You Need to Know Today, Mf Global Missing Funds, Business News

James Cameron had to go 35,756 feet underwater to film this video, but you only have to know seven and a half things each day to be fully informed. He...

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MF Global Exec To Testify On Missing Customer Funds

Reuters | Posted 05.26.2012

Read More: Mf Global Collapse, MF Global Holdings, Mf Global Missing Money, MF Global Corzine, Reuters, MF Global, Mf Global Probe, Business News, Laurie Ferber Mf Global, Laurie-Ferber, Mf Global Bankruptcy, Video, Business News

* General counsel Ferber to testify on Wednesday * Says unaware of irreconcilable shortfall until final hours * Says res...

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MF Global's 10 Highest-Profile Former Clients

Reuters | Posted 05.27.2012

Read More: Hsbc, Bimbo Foods, Hormel, Coca-Cola, Jon Corzine, Mf Global Collapse, Icahn, Video, Conocophillips, Reuters, MF Global, General Mills, Anheuser-Busch, Slidepollajax, Nestle, Business News

March 26 (Reuters) - ConocoPhillips, billionaire investor Carl Icahn, Coca Cola, Dominion Resources and giant energy trader Mercuria were among high-p...

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Corzine Denies Allegations That He Authorized Transfer Of Customer Funds

Reuters | Posted 05.23.2012

Read More: Jon Corzine Money, MF Global Holdings, Mf Global Collapse, Jon Corzine, Video, Jon Corzine Mf Global, MF Global, Reuters, Business News, Jon Corzine Testimony, Jon-Corzine-Ex-Mf-Global-Ceo, Mf Global Bankruptcy, Business News

* MF Global employee: Corzine authorized transfer from customer account * Corzine stands by previous testimony * Corzin...

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After Refusing To Appear Voluntarily, MF Global Exec Subpoenaed By Congress

AP | Posted 03.22.2012

Read More: Mf Global Collapse, MF Global Holdings, Video, Edith O Brien, MF Global Corzine, MF Global, Mf Global Probe, Business News, Edith O Brien Mf Global, Mf Global Bankruptcy, Business News

WASHINGTON -- A congressional panel has voted to subpoena an MF Global executive to testify about what took place at the brokerage firm before it coll...

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

AP | MARCY GORDON | Posted 05.15.2012

Read More: Creditors, Video, Jon Corzine, Louis Freeh, Bankruptcy, MF Global, Fbi, Brokerage Firm, Compensation, Bonuses, Wall Street Journal, Senate Agriculture Committee, Senators, Business News

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

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