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Mf Global

WNYC News

MF Global Clients Get Their Money Back

Thursday, April 03, 2014

The defunct financial services firm led by former New Jersey Gov. Jon Corzine filed for chapter 11 in October 2011. Billions of dollars in customer accounts were discovered to be missing.

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WNYC News

Brokerage Headed by Former NJ Gov Ordered to Pay Customers $1.2 Billion

Monday, November 18, 2013

A federal judge in New York is ordering MF Global to pay over $1.2 billion in restitution to customers, according to the Commodity Futures Trading Commission.

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WNYC News

Two Years After Bankruptcy, MF Global Clients Get Their Money Back

Wednesday, November 06, 2013

Former customers of a bankrupt brokerage house led by Jon Corzine will finally get their money back.

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Money Talking

CFTC Files Suit Against Former MF Global CEO John Corzine

Friday, June 28, 2013

The Commodity Futures Trading Commission filed a lawsuit Thursday against former MF Global CEO John Corzine over his role in the loss of $1 billion in customer funds when the brokerage firm collapsed in late 2011.

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WNYC News

Criminal Charges Against Corzine, MF Global Execs Unlikely: Report

Thursday, August 16, 2012

Ex-MF Global CEO and former New Jersey Governor Jon Corzine will reportedly not face criminal charges stemming from the collapse of the brokerage firm that he helmed.

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Money Talking

Money Talking: Could Dodd-Frank Prevent Another Financial Crisis?

Friday, July 13, 2012

July 21 marks the two-year anniversary of the Dodd-Frank financial reform law, but the vast majority of the rules have yet to be finalized.

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WNYC News

MF Global Trustee Threatens Suit Against Corzine

Monday, June 04, 2012

The trustee overseeing the liquidation of the brokerage MF Global says he may sue former New Jersey Governor Jon Corzine.

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WNYC News

MF Global Trustee: Change the Law to Make Execs Accountable

Tuesday, April 24, 2012

James Giddens, the court-appointed trustee responsible for recovering $1.6 billion in missing customer funds from the bankruptcy of commodities broker MF Global, said current laws make it difficult to go after the assets of the company’s leaders.

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WNYC News

Trustee Considers Going After Assets of MF Global Execs

Thursday, April 12, 2012

The court-appointed lawyer responsible for recovering more than a billion dollars for former customers of the commodities broker MF Global said Thursday he may go after the personal assets of company executives.

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WNYC News

Witnesses Complicate Corzine's Testimony on Money

Wednesday, March 28, 2012

A former MF Global executive has refused to answer lawmakers' questions about about $200 million that was transferred out of a customer account days before the firm collapsed, invoking her Fifth Amendment right against self-incrimination.

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WNYC News

MF Global Staffers Testify (Again) Over Bankruptcy

Tuesday, March 27, 2012

Four former employees of the now-defunct broker firm MF Global will appear Wednesday before a House committee which is seeking answers about the eighth-largest bankruptcy in U.S. history. The firm was led by former New Jersey Governor and Senator Jon Corzine.

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WNYC News

Email May Link Jon Corzine to Illegal Transfers

Friday, March 23, 2012

New e-mail evidence suggests Jon Corzine, former head of the commodities broker MF Global, authorized a transfer of money out of customer accounts shortly before the firm filed for bankruptcy last fall.

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WNYC News

MF Global Claims Deadline Is Tuesday

Monday, January 30, 2012

Tuesday is the last day tens of thousands of MF Global customers can file a claim to recover their funds.

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WNYC News

Trustee Tells MF Global Customers They Must File Claims Now

Friday, January 13, 2012

The trustee overseeing the liquidation of MF Global told account holders on Thursday they have just a few more weeks left to register claims against the stock and commodities broker once led by former New Jersey Governor Jon Corzine.

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The Takeaway

New Leads on Missing MF Global Funds

Thursday, December 15, 2011

The House Commodity Futures Trading Commission's review of MF Global are getting closer to finding out where 1.2 billion dollars of investor's funds went. Former Chief Executive John Corzine has testified he does not know where the funds went, and was unaware that any customer money was missing until October 30th of this year. The now bankrupt brokerage firm made a 6.3 billion dollar bet on European sovereign debt.

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WNYC News

For Corzine, More Talk Means More Risk

Thursday, December 15, 2011

Former New Jersey Governor Jon Corzine will testify before the House Financial Services Committee today, his third appearance on Capitol Hill in two weeks. Corzine is being asked to explain the collapse of MF Global, the stock and commodities brokerage firm he led until it filed for bankruptcy at the end of October.

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WNYC News

Senators Demand Answers From Corzine on Missing MF Global Money

Tuesday, December 13, 2011

Questioned by senators he once served with, Jon Corzine told a panel Tuesday that he never told anyone to "misuse" customer money that vanished when MF Global collapsed this fall.

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The Takeaway

Corzine Defends Actions Before Congress

Friday, December 09, 2011

Jon Corzine, the former head of investment firm MF Global, told lawmakers he did not intend to break any rules and that he has no idea where $1.2 billion in missing money is during testimony before Congress on Thursday. The New Jersey Democrat became the first former U.S. Senator to be subpoenaed by Congress in more than a century. During his testimony, Corzine repeatedly apologized to investors and customers, saying he never ordered any movement of money out of clients' accounts.

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The Takeaway

Corzine to Testify Before Congress

Thursday, December 08, 2011

Former MF Global CEO Jon Corzine will testify before the House Committee on Agriculture on Thursday to discuss his leadership of the bankrupt brokerage firm. The former Democratic governor and senator released testimony in advance of the hearing, saying he does not know where $1.2 billion in missing client money went. Michael de la Merced of The New York Times' Dealbook reports on the latest.

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WNYC News

Ex-MF Global Exec Abruptly Leaves City Post

Thursday, December 08, 2011

The former chief executive of MF Global Holdings Ltd. has abruptly left his job at the New York City comptroller's office. In a statement on Thursday, the city comptroller's office accepted the resignation of Kevin Davis, but stopped short of explaining the reason for his departure.

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