Entries tagged "MF Global"

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Corzine sued over MF Global collapse

The legal action from the trustee for the former brokerage firm accuses its one-time CEO and two other executives of breach of fiduciary duty. Continue reading

Posted on April 24, 2013 9:35 AM

Freeh report faults Corzine

The Chapter 11 trustee for MF Global Holdings finds its former CEO's trading strategy led to the downfall of the brokerage firm. Continue reading

Posted on April 5, 2013 9:19 AM

William Harrison defends the big banks

The op-ed in the NYT is coherent; it's just not compelling. Harrison doesn't lay out substantive arguments, offer evidence or wrestle with the most serious charges against the big banks; he dismisses them as if they were some simplistic whining of a bunch of cranks. Continue reading

Posted on August 23, 2012 1:12 PM

Are big banks dinosaurs?

Henry Kaufman, Dr. Gloom from a distant age when Salomon Brothers was still King of Wall Street, penned an op-ed in The Wall Street Journal declaring that, sooner or later, the era of monstrous, too-big-to-fail banks will end. Continue reading

Posted on June 7, 2012 11:10 AM

MF Global awaits distribution decision

A New York judge will decide if the trustee liquidating MF Global Inc. can distribute $685 million to the brokerage's former customers. Continue reading

Posted on April 13, 2012 12:42 PM

TDE2012: The crater of the European debt crisis

The big question: Is Wall Street an engine of growth, or is it another big gamble? The two opposing viewpoints were discussed in The Deal Economy 2012's town hall discussion Continue reading

Posted on December 1, 2011 1:22 PM

Treasury official: Feds overlooked sovereign debt threat

A top regulator admitted Friday that the sovereign debt problems that led to the collapse of MF Global Holdings Ltd. weren't high on regulators' radar.Nevertheless, Mary Miller, the Treasury Department's assistant secretary for financial markets, suggested that despite exposing regulatory... Continue reading

Posted on November 4, 2011 5:24 PM

Hiring: Wells Fargo, UBS and more

Here is the latest roundup of financial institutions rumored and reported to be hiring. Continue reading

Posted on March 24, 2010 10:12 AM

Movers & shakers: Dec. 16, 2008

Shearman and Sterling has promoted 11 attorneys to partner including, Robert Katz, while SunTrust reorganizes at the top and Piper Jaffray hires up for its restructuring group. Continue reading

Posted on December 15, 2008 4:10 PM

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