Nov. 12 (Bloomberg) -- Some MF Global Inc. employees fired in New York and Chicago learned of their fate from news reports that the trustee liquidating the broker-dealer had decided to terminate all 1,066 of them, according to three people familiar with the matter. Trustee James Giddens distributed ...
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Breaking news: creditors lose money in MF Global collapse!
The collapse of MF Global, a highly leveraged gambler on Europe’s fate using other people’s money means that those who funded those gambles have lost virtually all of their ...
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