Jefferies nabs court approval to purchase MF Global's (MFGLQ.PK) 106 warehouse certificates...

|About: MF Global Holdings Ltd. (MFGLQ)|By:, SA News Editor

Jefferies nabs court approval to purchase MF Global's (MFGLQ.PK) 106 warehouse certificates representing gold and silver assets of clients. The same hearing also included expansive debate on whether former CEO Jon Corzine's legal defense fees can be paid for under the company's existing insurance policies.