Jon Corzine, the former chief executive of MF Global Holdings, was sued by the trustee for the futures and commodities brokerage, who accused him of contributing to the company's October 2011 bankruptcy.» Read More
CFTC Chairman Gary Gensler frequently communicated with staff using a personal email account, an internal report into the collapse of futures broker MF Global found last week. Last week's report by the inspector general of the CFTC, Roy Lavik, was part of a broader report into whether the agency made any missteps into how it regulated MF Global.
*MF Global filed for bankruptcy in October 2011. April 23- Jon Corzine, the former chief executive of MF Global Holdings Ltd, drove the futures and commodities brokerage into collapse by taking excessive risks and ignoring liquidity strains, according to a lawsuit by the company's bankruptcy trustee.
April 23- Jon Corzine, the former chief executive of MF Global Holdings Ltd, was sued by the trustee for the futures and commodities brokerage, who accused him of contributing to the company's October 2011 bankruptcy. Also named as defendants were former MF Global Chief Operating Officer Bradley Abelow and former Chief Financial Officer Henri Steenkamp.
*MF Global filed for bankruptcy in October 2011. April 23- Jon Corzine was sued by the bankruptcy trustee liquidating MF Global Holdings Ltd, who accused the former chief executive of negligently pursuing a high-risk business strategy that culminated in the commodities brokerage's destruction.
*MF Global trustee says expects former customers to be made whole. NEW YORK, April 5- MF Global on Friday won court approval of a plan to liquidate its assets, pay back creditors and end the $40 billion bankruptcy that rocked the financial world in 2011..
NEW YORK, April 4- Goldman Sachs Group Inc said on Thursday that Stephen Friedman, who once headed the bank when it was a private partnership, will retire from its board of directors because he has reached the company's age limit.
*Freeh has prepared lawsuit vs MF Global former executives. *Corzine puts blame on those outside MF Global. April 4- The "negligent conduct" of Jon Corzine and other officers of the MF Global Holdings Ltd brokerage contributed to the firm's dramatic collapse in 2011, according to a report by the bankruptcy trustee.
April 4- The "negligent conduct" of Jon Corzine and other officers of the MF Global Holdings Ltd brokerage contributed to the firm's dramatic collapse in 2011, according to a report by the bankruptcy trustee.
Jon Corzine's bets on European sovereign debt while head of MF Global Holdings led to the firm's collapse in 2011, according to the bankruptcy trustee.
April 4- Jon Corzine's aggressive bets on European sovereign debt while head of the MF Global Holdings Ltd brokerage led to the firm's dramatic collapse in 2011, according to a report by the bankruptcy trustee.
*National Futures Association takes stance on Corzine. CHICAGO, Feb 21- A key U.S futures-market regulator said on Thursday it will block Jon Corzine, the former chief executive of failed broker MF Global, from the industry unless he clears an investigation into his fitness as a participant.
*National Futures Association board to discuss ban. CHICAGO, Feb 20- A plan to ban Jon Corzine, the former chief executive of MF Global, from the futures industry for life for failing to protect the failed brokerage's customers faces an uphill battle at a key industry regulator.
NEW YORK, Feb 3- Former customers of Jon Corzine's collapsed brokerage MF Global would recover most, and probably all, of their money under the latest projections by the trustee liquidating its bankrupt parent company.
*Settlement resolves intercompany claims between MF Global entities. Judge Martin Glenn greenlighted the deal at a hearing in U.S. Bankruptcy Court in Manhattan, about six weeks after trustees for MF's UK and U.S. broker-dealers, as well as its parent, announced the deal to resolve billions of dollars in intercompany claims.
NEW YORK, Jan 30- A year ago, the bankruptcy of MF Global, the collapsed brokerage run by former New Jersey Governor Jon Corzine, seemed like it would be a long and messy affair involving plenty of courtroom drama around the world.
CHICAGO, Jan 30- Russell Wasendorf Sr., who admitted looting more than $100 million from futures broker Peregrine Financial Group, expects to die behind bars even if a judge ignores prosecutors and imposes a lenient sentence at a hearing on Thursday.
*Grassroots coalition is not a direct creditor of MF Global- judge. The coalition, a grassroots group led by Chicago- based commodities trader James Koutoulas, bills itself as representing the interests of thousands of traders whose accounts at MF Global were frozen when the company went under.
*EPA tenure marked by battles with Republicans, industry. Under her leadership, the agency declared for the first time that carbon dioxide was a danger to human health and could be regulated under the Clean Air Act, leading the EPA to develop a new regulatory regime to limit carbon emissions.