David Rosen, a 32-year-old energy broker who works on the floor of the New York Mercantile Exchange, owns some of the $600 million in customer funds still missing from bankrupt commodities firm MF Global. Rosen had more than $100,000 in an account, which he considered even safer than a bank account ...
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Presenting The Bond That Blew Up MF Global | ZeroHedge
Reaching for yield (and prospectively capital appreciation) while shortening duration had become the new 'smart money' trade as we saw HY credit curves steepen earlier in the ...
MF Global Taps Credit Facility, Burns Through $2 Billion In ...
Update: and the hits just keep on coming, first Fitch and now... MF GLOBAL CUT TO JUNK BY MOODY'S... "At the end of the second quarter, MF Global's $6.3 billion sovereign risk ...
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MF Global : to bail or not to bail? Corzine strikes again
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Did Corzine's risk taking cripple MF Global? - Worldnews.com
NEW YORK: In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth ...
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U.S. bank chief mobbed by angry borrowers
WASHINGTON (Reuters) - The mortgage chief of the United States' second largest bank was mobbed by angry borrowers on Tuesday after he invited customers to speak to ...
Russian Organized Crime Strategic Threat to US - NSC
A National Security Council report on transnational criminal organized released Monday, named Russian organized crime as a strategic threat to Americans and US interests ...
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