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Mf Global Holdings Ltd.
Latest Mf Global Holdings Ltd. Items
A U.S. regulatory agency's lawsuit can proceed against former New Jersey Gov. Jon Corzine over the collapse of a brokerage firm in one of the nation's largest bankruptcies, a federal judge said Tuesday.
Bradley I. Abelow, a key figure in the collapse of brokerage house MF Global Holdings Ltd., has left his post as chairman of an outside board providing financial advice to the Environmental Protection Agency (EPA).
Even as he finds himself the public face of investment firm MF Global's bankruptcy and admitted to lawmakers that he had no idea how client funds disappeared, Congress and the administration have voiced no public concern about Bradley Abelow's role advising the $8.6 billion government agency on its finances.
As chairman of the Environmental Protection Agency's financial advisory board, Bradley Abelow is charged with giving advice on investment and job creation to EPA Administrator Lisa Jackson.
The European debt crisis has claimed its first big casualty on Wall Street, a securities firm run by former New Jersey Gov. Jon Corzine.