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MF Global Holdings' (MFGLQ.PK) trustee, Louis Freeh, yesterday stepped down and handed the job...

MF Global Holdings' (MFGLQ.PK) trustee, Louis Freeh, yesterday stepped down and handed the job of liquidating the firm's estate to a three-member board, essentially ending the company's bankruptcy process. While the plan was approved in April, it could only go into effect when certain conditions were met, with one being that the estate would have enough money to pay its liabilities. Customers at MF Global's brokerage are expected to receive a full pay out.
Comments (3)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    A just resolution to the MF Global Holdings mess would have involved Jon Corzine getting to wear an orange jump suit for a few years.
    5 Jun 2013, 05:58 AM Reply Like
  • Ted Bear
    , contributor
    Comments (573) | Send Message
     
    I guess JC used to be a Democrat, so being interim Senator for NJ might be out?
    5 Jun 2013, 06:39 AM Reply Like
  • dacama1
    , contributor
    Comments (210) | Send Message
     
    JC will never see a day in jail.
    5 Jun 2013, 06:42 AM Reply Like
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