MF Global Files for Chapter 11 Bankruptcy
Bloomberg
Oct. 31, 2011. 11:38 AM EST
Oct. 31 (Bloomberg) -- MF Global Holdings Ltd., the holding company for the broker-dealer run by ... More »
Oct. 31 (Bloomberg) -- MF Global Holdings Ltd., the holding company for the broker-dealer run by former New Jersey governor and Goldman Sachs Group Inc. co-chairman Jon Corzine, filed for bankruptcy after making bets on European sovereign debt. The New York-based firm listed total debt of $39.7 billion and assets of $41 billion in Chapter 11 papers filed today in U.S. Bankruptcy Court in Manhattan. Erik Schatzker reports on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg) « Less
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