JPMorgan Signs $546 Million Settlement with MF Global Trustee
JPMorgan Chase has agreed to a deal that will return $546 million to former customers of MF Global Holdings, which collapsed in 2011.
JPMorgan Chase has agreed to a deal that will return $546 million to former customers of MF Global Holdings, which collapsed in 2011.
If you thought the sordid tales of bankers at bailed-out Wall Street firms getting big bonuses were bad, consider this: At Hawker Beechcraft, executives may get paid millions in bonuses for driving the company into bankruptcy and looting its pension fund.
The trustee liquidating investment MF Global Holdings said on Monday he sees possible civil claims against former Chief Executive Jon Corzine and other top executives for breach of duties to customers.
In contrast to the many U.S. companies we should view with pride, some have behaved in ways that are downright evil. For their exploitative behaviors, these companies (and one whole industry) have earned their seats on the corporate netherworld's board of shame.
Like consumers, companies can take on too much debt. The debt-to-equity ratio offers one way to tell whether a leveraged business is taking on too much. Here's how you can do the simple math before you invest.
At Thanksgiving, we remember the year's blessings and declare hope for the future. But if you're having a hard time swallowing that this year, we offer this recipe for cooking up 2011's most egregious financial news stories. Bon appetite!
Utility stocks were down Monday in the wake of the wicked winter storm that tossed the Northeast over the weekend. But it's on panicky days like these that long-term investors want to be taking a second look at utilities. Not only are they less volatile than fast-growing tech stocks, some pay hefty dividends.
Former New Jersey Governor Jon Corzine, a Democrat who was defeated in November by Chris Christie, hasn't been out of work for too long. The former Goldman Sachs chief is returning to Wall Street to run MF Global, a struggling brokerage house.







