Jon Corzine, the former head of bankrupt broker MF Global Holdings, was sued by the holding company’s trustee, Louis J. Freeh, for failing in his duty to oversee the company and causing the eighth-biggest bankruptcy in U.S. history.
17 US Senators have urged the Justice Department to 'use every legal resource available' should its ongoing investigation into the collapse of MF Global uncover wrongdoing.
Here's a few links to some interesting Bloomberg, New York Times and Reuters stories that are currently doing the rounds.
Here's a few links to some interesting Bloomberg, New York Daily News, New York Times and Reuters stories currently doing the rounds.
We hoped for the best, but feared the worst.
MF Global Holdings Ltd. (NYSE: MF), a broker-dealer providing trading and hedging solutions, has made substantive progress in expanding its capital markets and institutional sales teams.