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Mf Global Bankruptcy

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...

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 ...

Eleazar David Melendez

Trade Group To Consider Banning Jon Corzine From Trading

HuffingtonPost.com | Eleazar David Melendez | Posted 02.20.2013 | Business

A private regulatory body will consider on Wednesday whether it should ban former New Jersey Gov. Jon Corzine from putting other's people money at ris...

Feds Approve New Rules In Wake Of MF Global, Peregrine Scandals

Reuters | Posted 09.12.2012 | Business

* "Corzine rule" requires top execs to approve withdrawals * Brokers must notify regulators before large withdrawals * M...

Most MF Global Execs Are Off The Hook For That Missing $1.6 Billion

The Huffington Post | Alexander Eichler | Posted 06.12.2012 | Business

When $1.6 billion of customer money goes missing, you'd think it would be easier to punish someone for it. Not so at MF Global, the brokerage firm ...

Ex-MF Global Executive Under Fire For Sketchy Testimony

Reuters | Posted 08.07.2012 | Business

* CFO Steenkamp said he knew little about missing funds * Trustee report shows Steenkamp closely involved * Email shows ...

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...

MF Global Trustee Racking Up Millions In Fees

Reuters | Posted 08.04.2012 | Business

* Trustee Giddens billing $894 per hour - court documents * Team includes roughly 130 lawyers By Nick Brown ...

Corzine Could Face Civil Claims

Reuters | Posted 08.04.2012 | Business

NEW YORK, June 4 (Reuters) - The trustee liquidating MF Global Holdings Ltd broker-dealer said on Monday he sees possible civil claims against forme...

JPMorgan Returns Large Portion Of Lost MF Global Funds

AP | Posted 08.02.2012 | Business

NEW YORK (AP) — JPMorgan Chase has returned about $600 million that was held at the bank when securities firm MF Global Holdings Ltd. failed last fa...

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

Reuters | Posted 07.29.2012 | Business

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

JPMorgan Whale Fail And Nine Other Big Bank Disasters

Posted 05.11.2012 | Business

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

MF Global Implosion: Congressman Grimm Sends a Message

Janet Tavakoli | Posted 07.03.2012 | Politics
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.

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

Janet Tavakoli | Posted 07.01.2012 | Politics
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.

MF Global Execs May Be Fined, Even Without Evidence They Knowingly Broke Rules

Reuters | Posted 06.23.2012 | Business

By Nick Brown NEW YORK, April 23 (Reuters) - The trustee for failed commodities brokerage MF Global Inc plans to tell a Congressional...

MF Global: JPMorgan Produces Smoking Gun

Janet Tavakoli | Posted 06.03.2012 | Business
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 06.02.2012 | Business

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

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...

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...

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...

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...

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...

Why MF Global's Farmer Clients Are Panicking

Reuters | Posted 04.22.2012 | Business

* MF Global trustee puts off mailing key tax forms * Former clients struggle to estimate 2011 earnings * Customers still...