RJ and Makay

Thursday, May 24th

Open Positions | Careers | Privacy Policy | Bookmark | FAQ | Contact Us  

You are here: Tags MF Global
http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/537321header_1.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/963038header_2.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/981787header_3.jpg http://www.rjandmakay.com/components/com_gk2_photoslide/images/thumbm/923473header_4.jpg

RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> MF Global

Missing money at MF Global may never be recouped

Posted by RJ and Makay on Jan 30, 2012

>> Read More RJ & Makay Blog Posts

MF GlobalA “significant amount” of the missing $1.2 billion in MF Global funds may have “vaporized” during the brokerage’s final chaotic days, according to the Wall Street Journal.  Regulators, investigators and court-appointed trustees involved in the search for the missing funds believe the bulk of the missing money may never be recovered. 

MF Global files for bankruptcy

Posted by RJ and Makay on Nov 02, 2011

>> Read More RJ & Makay Blog Posts

bankruptcyMF Global Holdings Ltd. announced Monday that it is seeking bankruptcy protection.  The announcement comes one week after reporting its largest-ever quarterly loss.  The second- quarter loss of $191.6 million resulted largely from bad bets on European sovereign debt.  MF Global shares plunged 66% last week after Moody’s downgraded the firm’s own debt to junk status.