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By Daniel P. Collins |
December 14, 2012
Last week Democratic members of the House Financial Service’s Subcommittee on Oversight and Investigations offered an addendum to the staff report issued by committee chair Rep. Randy Neugebauer
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By Michael McFarlin |
November 14, 2012
Mistakes and decisions made by Jon Corzine directly led to MF Global’s collapse last year, according to a summary of findings from a probe led by U.S. House Republicans.
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By Alanna Byrne |
October 11, 2012
Four high-ranking Republican members of the House Committee on Financial Services accused the Commodity Futures Trading Commission (CFTC) Wednesday of wasting time and money when implementing a law that would have set position limits on derivatives tied to 28 physical commodities.
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By Caroline Salas Gage |
August 9, 2012
It was ultimately up to the British to deal with the manipulation of Libor, as only three of the 18 banks that set the London interbank offered rate are based in the U.S.
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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
July 13, 2012
Timothy F. Geithner sent Bank of England Governor Mervyn King recommendations in 2008 to revamp the London interbank offered rate
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By Phil Mattingly, Bloomberg |
July 3, 2012
In the U.K., a record fine for Barclays Plc has triggered outrage from lawmakers and forced resignations from the bank’s top executives. In the U.S., Wall Street’s defenders in Congress are sticking by the industry
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By Phil Mattingly and Silla Brush, Bloomberg |
March 28, 2012
Edith O’Brien, the MF Global Holdings Ltd. assistant treasurer who has become a key figure in the disappearance of as much as $1.6 billion in customer funds, declined to answer questions from House lawmakers.
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By Phil Mattingly and Silla Brush, Bloomberg |
March 28, 2012
Edith O’Brien, the Chicago-based treasurer of MF Global Holdings Ltd.’s broker-dealer, was pulled from back-office obscurity onto center stage last year in testimony to Congress by former chief executive Jon S. Corzine.
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By Phil Mattingly and Silla Brush, Bloomberg |
March 27, 2012
MF Global Holdings Ltd. General Counsel Laurie Ferber twice resisted providing assurances to JPMorgan Chase & Co. that the company was complying with rules to segregate customers’ collateral.
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By Phil Mattingly and Silla Brush, Bloomberg |
March 24, 2012
Jon S. Corzine, MF Global Holding Ltd.’s chief executive officer, gave “direct instructions” to transfer $200 million from a customer fund account to meet an overdraft in a brokerage account with JPMorgan Chase & Co., according to a memo written by congressional investigators.
