Marketplace®

Daily business news and economic stories

More on the MF Global bankruptcy

These final notes today, a couple of MF Global tidbits….

These final notes today, a couple of MF Global tidbits.

The first one’s the biggie. Using customers’ money mixed in with its own, federal officials say the company that went under as its bets on European debt went bad used customer money to shore itself up as things got tight. Hundreds of millions of dollars in customer funds aren’t where they’re supposed be.

Also, just ’cause it’s interesting: number 7 on the list of MF Global creditors is the business news channel CNBC. CNBC owed $850,000 for unpaid advertising, it turns out. Not that it did MF Global a whole lot of good.

Related Topics

Collections:

Latest Episodes

View All Shows
  • Marketplace
    11 hours ago
    25:19
  • Make Me Smart
    17 hours ago
    19:00
  • Marketplace Morning Report
    20 hours ago
    6:55
  • Marketplace Tech
    a day ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45