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MF Global, formerly known as Man Financial, ... 2008-2009: Major fines, liquidity concerns and stock price decline. On February 28, 2008, ...
What: Shares of financial broker MF Global (NYS: MF) were getting slammed by investors for a second day in a row, falling as much as 42% in intraday trading on massive volume.
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This is a story about Refco, a troubled but once high-flying futures brokerage firm that ultimately became part of MF Global. Special thanks to Forbes contributor Francine McKenna, who also keeps ...
Corzine was appointed CEO and Chairman of MF Global, a multinational futures broker and bond dealer, in March 2010. [159] MF Global's stock price declined two-thirds in the final week of October 2011 and its credit rating was reduced making its debt high-yield debt following huge quarterly losses.
For stock market investors, the end of MF Global's (OTC: MFGLQ) run on the public markets was as bad as it gets. The company declared bankruptcy, which basically means that shareholders will lose ...