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By Melanie Waddell, AdvisorOne |
November 14, 2012
Decisions by Jon Corzine to chart a “radically different course for MF Global and try to turn the 230-year-old commodities broker into a full-service investment bank,” were the main reason the firm went bankrupt, according to a House report.
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By Marlene Y. Satter, AdvisorOne |
December 6, 2011
Former and current employees of bankrupt MF Global have brought suit against the executives of the firm, alleging that misrepresentations were made that destroyed company stock values. The employees are seeking class action status.
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By Chris Kahn, Associated Press, Daniel Wagner, Associated Press |
October 31, 2011
MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection in what is seen as the first major U.S. casualty of Europe's debt crisis.