Jon Corzine

The fall of Jon Corzine, once a "Master of the Universe" as co-Chairman of Goldman Sachs (NYSE: GS), has been swift and particularly unceremonious. Mr. Corzine, who spent ten years in politics as a senator and governor of New Jersey after leaving GS with around $400 million, took the top job at...

Former NYSE Chairman Dick Grasso spoke to FOX Business Network's (FBN) Neil Cavuto about the investigation into MF Global and CEO Jon Corzine on allegations of misusing customer funds. Grasso said that he knows Corzine as “an honorable man and a dedicated public servant, and man who I can't...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that the government investigation into allegations that MF Global was “comingling the client cash with the risk taking activity is taking a backseat to this broader issue of whether Corzine and his troops were misleading the...

Something very sketchy took place at futures brokerage MF Global (NYSE: MF) in the weeks and months leading up to the firm's bankruptcy filing. Now $700 million in client money is missing. Bloomberg is reporting that the CME Group (NASDAQ: CME) is confirming that MF Global violated requirements to...

MF Global (NYSE: MF) filed for Chapter 11 bankruptcy protection on Monday morning after a potential acquisition by Interactive Brokers (NASDAQ: IBKR) fell through at around 5 a.m. EST. The embattled futures brokerage was sunk by proprietary positions in European sovereign debt. The firm posted a...

MF Global (NYSE: MF) has officially filed for bankruptcy, but the commodity brokerage and primary dealer has not only lost customers - it may lose any shred of credibility for its CEO, Jon Corzine. This morning, the New York Federal Reserve suspended MF's role as a primary dealer, and traders were...

Court records show that the company has now filed for bankruptcy. That's according to a brief Reuters report, which cited a person familiar with the matter. This comes after reports early this morning that the firm was on the verge of filing for bankruptcy. The company has been struggling for...

Think Goldman Sachs is having a bad year? Its former CEO isn't doing too well either. Jon Corzine was once in charge of the always in peril Goldman Sachs (NYSE: GS). Corzine's new company, MF Global (NYSE: MF), may not be fighting the same battles as his former employer, but that doesn't mean that...

MF Global (NYSE: MF), the embattled commodities and derivatives broker led by former Goldman Sachs (NYSE: GS) and U.S. Senator Jon Corzine, is in talks regarding a potential deal with Interactive Brokers (Nasdaq: IBKR), DealBook reported, citing sources with knowledge of the matter. MF Global,...

FOX Business Network Senior Correspondent Charlie Gasparino reports that “clients are fleeing” MF Global and CEO John Corzine is “running around in a mad dash to sell assets in the firm.” Sources tell Gasparino that “MF Global, at least in its current form, will not survive the weekend.” Excerpts...

Shares of embattled futures brokerage MF Global (NYSE: MF) have rallied well off of their lows of the session on Friday on speculation that the firm may be taken over. The Wall Street Journal reported that Goldman Sachs (NYSE: GS) State Street (NYSE: STT) and Australian bank Macquarie are all...

In a tweet, Fox Business reporter Charlie Gasparino said that MF Global (NYSE: MF) is in a "mad dash to sell assets" as the firm is getting dangerously close to falling. Gasparino also said the bet is that the firm can not survive the weekend. Benzinga contacted a spokesperson for MF regarding...

CNBC's Steve Liesman is moderating a panel at the Delivering Alpha conference and he is talking to panelists on how to solve the deficit problem in this country. Liesman said that currently, we have $60 trillion of unfunded liabilities. MF Global's (NYSE: MF) CEO Jon Corzine was questioned by...

MF Global Holdings Ltd. (NYSE: MF) Rating remains a Hold. Deutsche Bank in a research report today writes "We recently met with MF Global's CEO Jon Corzine and CFO Randy MacDonald, and while the current environment remains challenging (weak volumes and low interest rates), management continues to...

Citigroup released a research note today updating the situation at MF Global (NYSE: MF). After the closing bell yesterday, the company announced that Jon Corzine will take over as Chairman and CEO. Corzine is the former co-Chairman of Golman Sachs (NYSE: GS) and was also a U.S. senator from 2001-...