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Mf Global

Goldman & Friends

Mitch Feierstein | Posted 05.29.2012 | Business
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.

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 | Business

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...

MF Global Exec: I Plead The Fifth

Posted 03.28.2012 | Business

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

Who Knew?

The Huffington Post | Mark Gongloff | Posted 03.28.2012 | Business

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...

MF Global Exec To Testify On Missing Customer Funds

Reuters | Posted 05.26.2012 | Business

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

MF Global's 10 Highest-Profile Former Clients

Reuters | Posted 05.27.2012 | Business

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

Corzine Denies Allegations That He Authorized Transfer Of Customer Funds

Reuters | Posted 05.23.2012 | Business

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

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

AP | Posted 03.22.2012 | Business

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...

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...

Big Finance Firms Look To Scoop Up MF Global Claims

Reuters | Posted 05.12.2012 | Business

March 13 (Reuters) - Some big financial firms have offered to buy the claims of thousands of MF Global customers, whose money went missing after th...

Troubled LA Retailer Gets Big Credit From Famous Hedge Fund

The Huffington Post | Harry Bradford | Posted 03.12.2012 | Business

Looks like billionaire George Soros and American Apparel CEO Dov Charney now have more in common than the lawsuits they both currently face with forme...

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

HuffingtonPost.com | 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 Transfer Of Astonishing Size Approved In Single Minute

Posted 03.01.2012 | Business

Apparently at MF Global, moving hundreds of millions of dollars around is the type of decision you don't spend too much time on. Five days before ...

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.

Obama Budget Plan Includes Big Boost Financial Regulators

Reuters | Posted 04.14.2012 | Business

* Obama seeks 18.5 percent FY13 budget boost for US SEC * Obama also asks for 50 percent budget boost for CFTC * DOJ would get $55 million m...

Hundreds Of Millions More Dollars Of MF Global's Money Thought Missing

AP | The Associated Press | Posted 04.11.2012 | Business

The trustee overseeing MF Global's liquidation said Friday that the shortfall between the funds under his control and the amount customers of the fail...

Marcus Baram

MF Global's Regulator Says Oversight Was 'Flawless'

HuffingtonPost.com | Marcus Baram | Posted 02.03.2012 | Business

The hubris of financial industry titans truly knows no bounds. The chairman of the derivatives exchange that had oversight of bankrupt hedge fund M...

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...

MF Global Collapse Triggers Regulator To Consider Changing Rules

Reuters | Posted 04.02.2012 | Business

* CFTC review of oversight in response to MF Global collapse * Some changes may require rule-making, action from Congress ...

Investigators Found Most Of MF Global's Missing Money

AP | By DANIEL WAGNER | Posted 04.02.2012 | Business

WASHINGTON -- Most of the $1.2 billion reported missing from the failed brokerage MF Global has been traced to customer accounts and banks, people bri...

Report: Investigators Have Found MF Global Missing Money

The New York Times | Ben Protess and Azam Ahmed | Posted 02.01.2012 | Business

Investigators have determined what happened to nearly all of the customer money that disappeared from MF Global around the time of its bankruptcy last...

MF Global To S&P Before Collapse: We've 'Never Been Stronger'

Reuters | Posted 03.31.2012 | Business

* S&P says MF Global touted capital, liquidity strength * One week after email to S&P, MF Global failed * House lawmaker...

Report: Missing MF Global Funds May Have 'Vaporized'

Posted 01.30.2012 | Business

Jon Corzine still doesn't know where the money is, and it seems nobody else does either. A "significant amount" of the missing $1.2 billion in MF ...