Monday, October 31, 2011

Report: MF Global to seek Ch. 11 protection, sale (AP)

FILE - In this Jan. 9, 2011 file photo, former New Jersey Gov. Jon S. Corzine reflects on his four year term in office during an interview with The Associated Press at his home in Hoboken, N.J. MF Global Holdings Ltd. has been suspended from conducting new business with the New York Fed amid reports that the company plans to file for bankruptcy. (AP Photo/Rich Schultz, File)AP - Trading in shares of MF Global Holdings Ltd. has been halted amid reports that the ailing securities firm is desperately trying to sell itself. The New York Federal Reserve has also suspended any new business with MF Global.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20111031/ap_on_bi_ge/us_mf_global

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