The collapse of brokerage firm MF Global will definitely have political consequences in Congress, the Federal Reserve and among regulators, according to Dick Bove, vice president of equity research at Rochdale Securities.
CNBC's Kayla Tausche reports the latest details on the MF Global bankruptcy, and offers a deeper look at what happened. Also, impact on oil, with David Greenberg, Greenberg Capital founder. And the Fast Money traders weigh in on who stands to benefit from MF Global's demise.
Larry Kantor, Barclays Capital, and Ken Rogoff, Harvard University, discuss what's behind Monday's stock market declines, including MF Global's bankruptcy filing and continued worries over Europe's debt crisis.
CNBC's Scott Cohn has the story on MF Global's talks with Interactive Brokers Group breaking down and the company's filing for chapter 11 bankruptcy.
Fitch ratings agency says Greece's credit grade will remain low even after its debt load is cut as part of a European plan to fight the financial crisis.
As volatile markets and economic uncertainty keep investors on edge, companies are folding their plans to go public in record numbers.
Two market crashes and a couple of recessions later, 25 percent of all boomers don’t have anything saved for retirement and now find themselves in dire need of government services and potential bailouts of math defying pension plans.
As Americans struggle to pay off underwater mortgages and student loan debt, some experts say simple changes to bankruptcy law could provide many with financial relief and potentially help the economy.
Even as more Americans are piling on debt, fewer are seeking counseling or other kinds of relief to try and get their finances back in order. USA Today reports.
Alexandra Lebenthal, Lebenthal & Company president/CEO. weighs in on debt-laden Harrisburg, PA and the impact its bankruptcy will have on its municipal bonds, and the overall state of munis.
Details on the chapter nine filing, with Dan Miller, Harrisburg, Pa., controller who discusses the city's liabilities of $500 million and $100 million in assets, as well as whether the state capital will be able to continue to pay its bills.
For today, it comes down to Slovakia. Slovakia may be the lone holdout of the eurozone member nations in connection with the expansion of the European Financial Stability Facility (the EFSF).
A report from the state treasurer says the Golden State's debt burden is up to 7.8 percent, more than double what it was eight years ago. According to the report, each Californian owes $2,542 this year for state debt, more than twice the national median of $1,066. It could be worse.
Amid all the chatter of Kodak possibly going into Chapter 11 bankruptcy protection, one thing is clear in the company's home town, Rochester, N.Y.: No one's surprised.
CNBC's Brian Shactman has the story on speculation mounting that Eastman Kodak may be filing for bankruptcy, while the company pushes back by saying there is no plans for bankruptcy.
Solyndra violated loan terms in 2010 but got more federal money, with CNBC's Eamon Javers.
Central Falls, Rhode Island, the smallest city in the smallest state in the US, is making a big splash in the world of municipal bankruptcies.
Many athletes who lost their earning power couldn’t keep up with their mortgage payments and were faced with foreclosure. Click to see the list of athletes with foreclosed homes.
Who are some of the celebrities who have spent $1 million or more on decadent extravagances? Click to find out!
Over the summer, we witnessed the ugliness and partisan-nature of politics as the debt ceiling debacle took place. The nation's balance sheet needs to be fixed.