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Jon Corzine Mf Global

Mark Gongloff

No Criminal Charges In Case Against Major Wall Street Firm

HuffingtonPost.com | Mark Gongloff | Posted 06.29.2013 | Business

The collapse of Jon Corzine's brokerage firm MF Global has all the traits of your standard Wall Street scandal: Stupid things being admitted in panick...

SUED

Reuters | Posted 06.23.2013 | Business

* Former CEO accused of breach of duties, lack of good faith * Ex-COO, ex-CFO also sued over October 2011 bankruptcy * T...

Eleazar David Melendez

Jon Corzine Avoids Lifetime Trading Ban

HuffingtonPost.com | Eleazar David Melendez | Posted 02.21.2013 | Business

NEW YORK -- A private market regulator refused to ban former MF Global chief Jon Corzine from trading with other people’s money Thursday, rejecting ...

Jon Corzine's Lawyers Know There's No Way He Ran A Fraudulent Business

Reuters | Posted 12.22.2012 | Business

* Ex-MF Global CEO said had no motive to commit fraud * US investigators also probe future brokerage's collapse By Jonat...

MF Global Allegedly Used Accounting Tricks To Comply With Regulations

Posted 08.06.2012 | Business

Ends up MF Global officials used creative accounting tricks to give the appearance of complying with regulations in the lead up to the firm's collapse...

How to Avoid a Ponzi Scheme

Michael Martin | Posted 06.17.2012 | Business
Michael Martin

Investors who are victims of crime or financial fraud might have an easier time dong background search in trying to avoid Ponzi schemes before making investments than guessing which bank, Future Commission Merchant, or broker goes bankrupt.

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

Reuters | Posted 06.02.2012 | Business

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

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...

Corzine Gave 'Direct Instructions' To Transfer Hundreds Of Millions From Customer Account

AP | MARCY GORDON | Posted 05.23.2012 | Business

WASHINGTON — A former MF Global executive appears to contradict testimony from Jon Corzine, saying the former senator and New Jersey governor or...

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...

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...

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...

Many Steps Remain Before MF Global Money Can Be Returned

Posted 12.17.2011 | Business

(Nick Brown) - There is still a lot of work to do before hundreds of millions of dollars can be returned to customers of bankrupt MF Global (MFGLQ...

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...

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...

Corzine Tells Congress Predecessors To Blame For MF Global Fall

AP | DANIEL WAGNER and MARCY GORDON | Posted 02.07.2012 | Business

WASHINGTON — Summoned by Congress, Jon Corzine embraced a bold strategy Thursday to distance himself from MF Global's fall and $1.2 billion in m...

Corzine Warned About Europe Bets Before MF Global Collapse

Posted 12.06.2011 | Business

A top official within MF Global warned the company's former CEO John Corzine about the firm's growing bet on European bonds -- a risk that likely plun...

Why Corzine Won't Do Time

Robert Kuttner | Posted 02.03.2012 | Business
Robert Kuttner

Will Jon Corzine, former U.S. senator, former New Jersey governor, former chairman of Goldman Sachs, end his high-profile career in the slam? Don't bet the farm on it.

Congressional Panel Subpoenas Former MF Global CEO

AP | MARCY GORDON | Posted 02.01.2012 | Business

WASHINGTON — A congressional panel has voted to subpoena former Sen. Jon Corzine to testify next Thursday about his role leading MF Global, a br...

Wall Street: Brush Up Your Melville

Carla Seaquist | Posted 01.23.2012 | Business
Carla Seaquist

The "monomaniac" pursuit of profit, taken to "demoniac" extremes (two words Melville uses repeatedly) is a killing pursuit that can take every last thing -- even the ship itself (read: the nation) -- down.

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.