Mf Global

Which Wall Street Party Do You Want to Vote For?

Joseph A. Palermo | Posted 05.24.2012

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.

Corzine Netted Millions From MF Global Before Collapse

Reuters | Posted 05.22.2012

(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...

JPMorgan Whale Fail And Nine Other Big Bank Disasters

Posted 05.11.2012

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

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

The Huffington Post | Harry Bradford | Posted 05.08.2012

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...

MF Global Implosion: Congressman Grimm Sends a Message

Janet Tavakoli | Posted 05.03.2012

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.

An October Surprise on Wall Street

Charles Gasparino | Posted 05.01.2012

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.

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

Janet Tavakoli | Posted 05.01.2012

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.

Missing MF Global Customer Founds All Accounted For

The Huffington Post | Harry Bradford | Posted 04.25.2012

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

Decisive News On MF Global Bonuses

Reuters | Posted 04.25.2012

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

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

Leo Hindery, Jr. | Posted 04.17.2012

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.

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

Reuters | Posted 04.14.2012

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

Forget The Squid. Meet The Whale.

The Huffington Post | Mark Gongloff | Posted 04.13.2012

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...

MF Global: JPMorgan Produces Smoking Gun

Janet Tavakoli | Posted 04.30.2012

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.

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

Reuters | Posted 04.03.2012

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

Goldman & Friends

Mitch Feierstein | Posted 03.29.2012

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

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

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

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

* 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

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

* 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

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

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

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

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...