MF Global Investors seek release of assets
Reuters reports yet another commodity trading company, IntercontinentalExchange Inc, seeking release of cash frozen in its accounts with the bankrupt MF Global. It, along with many others, is requesting the bankruptcy court investigating the MF Global case and MF Global losses, to release funds held in its accounts.
MF Global CEO Corzine subject of shareholder lawsuit
Reuters reports that the first shareholder lawsuit lodged against MF Global Holdings CEO Jon Corzine and 3 other company executives.
MF Global insiders hold hope that $600 million in MF Global losses of customer funds will be found
Fox Business reports that MF Global insiders hold hope that $600 million in MF Global losses of customer funds will be found.