Farmers' trust in futures industry wanes

Jul 13, 2012
In the wake of Peregine Financial and MF Global scandals, many farmers are losing faith in commodities brokerages they used to rely on. Regulators and futures industry leaders are hoping to restore confidence with increased oversight and account insurance.

Peregrine Financial bankruptcy spotlights weak regulation

Jul 11, 2012
Brokerage firm Peregrine Financial is liquidating amid allegations that it defrauded customers and lied to federal regulators.

The unlearned lessons in MF Global's fall

May 1, 2012
Jon Corzine planned to make a comeback on Wall Street after a political career. But he appeared to ignore fresh lessons from the financial crisis.

U.S. bankruptcies down

Jan 10, 2012
Fewer individuals and companies bit the dust in 2011.

Re-hypothecation: How it's related to MF Global

Jan 4, 2012
If ever there was a word that you’d expect to find in a Harry Potter novel, it’s re-hypothecation. But it's not just a magic trick.

Was Jon Corzine Right About European Bonds?

Dec 13, 2011
During his third grilling in the Senate today, The former CEO of MF Global continues to defend the firm's investments in the European bond market

What happened to MF Global's $1.2 billion?

Dec 13, 2011
Jon Corzine testified before Congress today on his company's missing finances. Is $1.2 billion so difficult to track down?

For public good, not for profit.

Former MF Global CEO testifies before Congress

Dec 8, 2011
Jon Corzine will have to explain how the bank lost $1 billion of customer money.

Can you trust the 'primary dealers?'

Nov 21, 2011
Lehman Brothers, Bear Stearns, Countrywide and, most recently, MF Global, were all considered "primary dealers" by the Federal Reserve -- and they also all failed. So why were they considered so important, and how did they all get in trouble?

JP Morgan denies having MF Global's customers' money

Nov 4, 2011
This final note today, which will do nothing to ease the average person's discomfort with how Wall Street operates....