Focus
MF Global
Memo Said Jon Corzine Ordered $200 Million Transfer
An internal memo from bankrupt broker-dealer MF Global suggested that former CEO Jon Corzine gave “direct instructions” to transfer $200 million to fund an overdrawn account.
Missing Cash at MF Global Increases to $1.6 Billion
The news just got grimmer for customers of bankrupt broker-dealer MF Global Inc. The latest estimate of shortfall in funds to pay back customer claims is at least $1.6 billion, the bankruptcy trustee said on Feb. 10.
MF Global’s Customer Account Shortfall Could Double
The trustee overseeing the bankruptcy of New York-based broker-dealer MF Global said on Monday that the amount of “missing” customer funds could double in its latest estimate.
