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Updated: January 24, 2013 3:05PM Barry Lind, a longtime board member of the Chicago Mercantile Exchange who popularized investments in financial futures, died early Thursday in California after being struck by a car.
Kim~Sun-Times Chicago futures trader Andreas Diessbacher has been hit by financial lighting twice. A year ago, as a broker for MF Global, Diessbacher lost a livelihood managing accounts worth $30 million when the firm collapsed after raiding customer
MF Global have formed a new group to represent their interests to administrators of the failed broker's Australian arm. In an email to other MF Global clients, futures trader Brent Penfold, who has been active in agitating for a better deal for
Text Size The U.S. trustee for bankrupt MF Global Holdings faces a wait to learn how much of the $700 million (445 million pounds) held by the failed broker's British subsidiary he can claw back on behalf of U.S. clients. Must Read A source close to
Global Econimic Intersection Article of the Week Monday marked two weeks since the news broke that MF Global removed unencumbered segregated funds from customers' accounts. Segregation simply means that customer deposits can't be mixed with the firm'
Special thanks to Forbes contributor Francine McKenna, who also keeps the excellent blog re: The Auditors . Not only has she done the smartest work we've seen on the connections between Refco and MF Global, but she also spent time giving us ideas for
Get breaking news on precious metals and commentaries Sample Through a restructuring plan that would allow the CME Group to go public, the operator of major global exchanges privatized market-making and clearing functions to companies like MF Global.
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Gold in New York jumped to a record of $US1448.60 an ounce, before declining, as turmoil in Libya, Japan and Europe spurred demand for the precious metal as an alternative investment. The previous record was $US1445.70 on March 7. "There's not really
A US-led alliance is preparing to direct more attacks against Libyan leader Muammar Gaddafi's ground forces, as coalition members try to resolve disputes over who will take command. European leaders will meet this week to seek a permanent solution to