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MF's Bank Returns $600 Million

MF Global

J.P. Morgan Chase has returned roughly $600 million that was ensnared at the bank when MF Global collapsed in October.

 

J.P. Morgan to Give $168 Million to MF Global Trustee

J.P. Morgan agreed to hand over $168 million to a bankruptcy trustee representing customers of MF Global. The trustee, James Giddens, said in a statement Friday that the money paid "represents the proceeds of excess collateral" that the New York bank "held" when MF Global tumbled into bankruptcy Oct. 31.

Senh: So there's some of the missing money from MF Global. Where are the rest of it?

 

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