Monthly Archives: December 2011

Farmers caught up in MF Global failure | CNN Money

    Article originally appeared on on December 22, 2011. By James O’Toole MF Global customer Dean Tofteland raises corn, soybeans and pigs on his farm in Minnesota. NEW YORK (CNNMoney) — Luverne, Minnesota, is a long way from the Manhattan offices of MF Global, but the effects of the firm’s bankruptcy are being felt acutely

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    MF Global bankruptcy watchdog provides update | Delta Farm Press

      This article originally appeared in the December 21, 2011 edition of the Delta Farm Press. Congressional hearings, bankruptcy proceedings and unanswered questions David Bennett In late November, the MF Global collapse was a month old, farmers and ranchers had assets frozen in bankruptcy court and investigators had begun efforts to locate some $1.2 billion in

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      MF Global trustee pursuing $700 million in UK | Reuters

        This article originally appeared as a December 21, 2011 Reuters dispatch. (Reuters) – The bankruptcy liquidation trustee for MF Global Inc is working to recover $700 million (446 million pounds) of client funds held by the broker’s UK affiliate for U.S. customers that were trading in overseas markets, the trustee’s spokesman said on Tuesday. James

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        The Silver Rush at MF Global | Barron’s

           This article originally appeared in the December 17, 2011 edition of Barron’s. By ERIN E. ARVEDLUND Editors Note: An earlier version of this story incorrectly stated that CME owns the Chicago Board Options Exchange. That exchange is a unit of CBOE Holdings. It’s one thing for $1.2 billion to vanish into thin air through a series

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          Koutoulas, Roe Discuss Corzine’s Testimony | VIDEO | Bloomberg

            Dec. 8 (Bloomberg) — John Roe and James Koutoulas of the Commodity Customer Coalition talk about today’s testimony of Jon S. Corzine, former chairman and chief executive officer of MF Global Holdings Ltd. Koutoulas and Roe founded the Commodity Customer Coalition as a group to represent the interest of MF Global’s former clients. They speak

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            The boy wonder of the MF Global nightmare | Fortune

              Story originally appeared in the December 2, 2011 edition of By Leah McGrath Goodman, contributor James Koutoulas walked into one of the worst bankruptcies in U.S. history with almost zero legal experience. “When I got up the first day in bankruptcy court and saw the look on the judge’s face, I couldn’t blame him,”

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