NEW YORK (Reuters) - The brokerage arm of collapsed futures firm MF Global Holdings Ltd has terminated its 1,066-member workforce, according to the trustee in charge of liquidating its assets.
Search for More Than 1,000 Mf Global Workers Let Go on Bing
Reuters: Top News, Reuters
Fri, 11/11/2011 - 9:51am
RELATED ARTICLES
- Banks Revive Risky Loans and Mortgages
Investments that were vulnerable in the last financial crisis and believed to be gone for good have largely escaped new rules that were made to prevent another crisis. More - DealBook: Rising Bank Profits Tempt a Push for Tougher Rules
Steady earnings growth on Wall Street could embolden the lawmakers and regulators who want to overhaul the banking system. More - Court OKs Lehman settlements to free up $15 billion for customers
A judge on Tuesday approved a set of settlements among Lehman Brothers entities that will allow the company's defunct brokerage to pay back about $15 billion in customer claims. More - Judge denies $20M severance deal for AMR CEO
A federal bankruptcy judge has at least temporarily blocked a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways. The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005. More - Avon eliminating hundreds of jobs; leaves Ireland
Avon is eliminating more than 400 positions and abandoning or restructuring smaller or underperforming businesses in Africa, the Middle East and Europe, including an exit from Ireland. The company said Monday that the job cuts, which equate to about 1 percent of Avon's 39,100 employees, will occur across all regions and segments. More
BING NEWS:
- The Global Turn Away From Free-Market Policies Worries Economists
More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.
04/17/2024 - 8:34 am | View Link - Nobody “Earns” a Billion Dollars. We Need a Wealth Tax.
Economist James K. Boyce analyzes new data on US disparities and frames environmental degradation as a class issue.
04/17/2024 - 7:36 am | View Link - IMF says global debt levels face ‘Great Election Year’ risk
Path towards sustainable government debt levels around the world is under threat this year from the sheer number of elections taking place, the IMF said MF global debt levels Election Year risk ...
04/17/2024 - 4:59 am | View Link - Climate Change Will Cost Global Economy $38 Trillion Every Year Within 25 Years, Scientists Warn
Researchers from Germany warned existing emissions have already put the world economy on course for a reduction of nearly a fifth within 25 years, a figure that is likely to grow once increasing ...
04/17/2024 - 4:00 am | View Link - IMF worried about global spillovers from loose U.S. fiscal policy
The International Monetary Fund on Wednesday turned its spotlight on the growing U.S. fiscal deficit, warning that it is now a risk to both the domestic economy and global economy.
04/17/2024 - 3:00 am | View Link - More
- “The protection of its customers’ funds is MF Global’s ...
The discovery of a reported $700m hole in MF Global client accounts — which according to the Commodity Exchange Act and the Securities Exchange Act should be segregated from the firm’s...
04/15/2024 - 12:50 pm | View Website - New Insight into MF Global’s Frenzied Final Days
Emails and phone transcripts cited in the CFTC's complaint against former MF Global head Jon Corzine provide new insight into how more than $1 billion in customer money went missing. FRONTLINE
04/15/2024 - 2:20 am | View Website - MF Global customers recover $8.1B from brokerage's failure
USA TODAY. 0:02. 0:35. Former securities and commodities customers of MF Global have recovered $8.1 billion — virtually all of their assets — with Tuesday's conclusion of the bankruptcy court...
04/14/2024 - 10:09 pm | View Website - US agency sues Corzine over failure of MF Global | AP News
WASHINGTON (AP) — Jon Corzine once saw a boutique brokerage called MF Global as his best hope to rescale the heights of Wall Street he’d once occupied as head of Goldman Sachs. Now, MF Global is bankrupt. And Corzine faces a lifetime ban from the futures industry.
04/14/2024 - 8:58 pm | View Website - Downfall of MF Global
Coming the day after credit rating agency Moody’s had downgraded MF Global, concerned about its European bond bet, the results spooked investors – MF Global’s shares fell by 47 per cent...
04/14/2024 - 6:17 am | View Website - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more