About 230 articles related to "mf global"

Jon Corzine May Face Lawsuit In MF Global Inquiry

Jon Corzine, the former chief of MF Global and governor of New Jersey, could be the target of a possible lawsuit linked to the brokerage's bankruptcy and disappearence of $1.6 billion in client funds.

MF Global judge OKs payout; Freeh says no bonuses

A federal judge on Tuesday authorized the trustee liquidating MF Global Holdings Inc's brokerage unit to distribute as much as $685 million to customers whose accounts had been frozen when the futures brokerage went bankrupt.

CFTC's Sommers says no conclusions yet on MF Global

The futures regulator has the power to go after top executives who aid and abet violations by their companies, said Jill Sommers, who is heading up the Commodity Futures Trading Commission's probe into bankrupt brokerage MF Global.

MF Global trustee Freeh to testify at Senate hearing

Former customers of MF Global , waiting for the return of as much as $1.6 billion missing from their accounts, will get their first chance next week to hear testimony from Louis Freeh, the embattled trustee for the bankrupt commodities firm.

Latest MF Global payback plan goes before judge

The trustee liquidating MF Global's brokerage will ask a bankruptcy court on Thursday to release $685 million to former MF Global customers, a plan already introduced in court filings that has been criticized as neglecting affiliates of the failed firm.

MF Global judge weighs release of insurance money

An MF Global bankruptcy trustee asked a judge on Monday to release $25 million in insurance money to pay defense costs for Jon Corzine and other former MF Global officers facing civil lawsuits over the broker's October collapse.

MF Global execs ignorance, silence stymie Congress

An MF Global executive who has become a central figure in the desperate shifting of funds before the brokerage's collapse, refused to answer questions from Congress on Wednesday, frustrating lawmakers probing why an estimated $1.6 billion of customer money is missing.

MF Global exec tied to money transfers clams up

An MF Global executive, who has emerged as a central figure in the desperate shifting of funds before the brokerage's collapse, refused to answer questions on Wednesday, frustrating lawmakers probing why more than $1 billion in customer money is missing.

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