l****z
发帖数: 29846 | 1 The Wall Street Journal
23 Feb 2012
Investigators probing the collapse of MF Global are scrutinising two money
transfers made during the securities firm's final days in an effort to
uncover what happened to $1.6bn in missing customer funds.
Investigators probe cash moves at MF Global
Federal regulators at the Commodity Futures Trading Commission and the US
bankruptcy trustee for MF Global's brokerage unit are examining two separate
transfers from customer accounts, including a previously undiscl... 阅读全帖 |
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h****8
发帖数: 72 | 2 Nov. 1 (Bloomberg) -- Jon Corzine’s risk appetite helped
destroy his firm. It also provided an object lesson for Paul
Volcker’s campaign against proprietary trading on Wall Street.
Nineteen months after former New Jersey Governor Corzine
became chairman and chief executive officer, MF Global Holdings
Ltd. yesterday filed for bankruptcy. Corzine’s decision to boost
risk-taking, including a $6.3 billion wager with the firm’s own
money on European government debt, triggered the collapse.
... 阅读全帖 |
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l****z
发帖数: 29846 | 3 THE WALL STREET JOURNAL/NEWSCORE
Last Updated: 9:31 AM, January 30, 2012
Posted: 8:42 AM, January 30, 2012
Nearly three months after MF Global Holdings collapsed, officials hunting
for an estimated $1.2 billion in missing customer money increasingly believe
that much of it might never be recovered, according to people familiar with
the investigation.
As the sprawling probe that includes regulators, criminal and congressional
investigators, and court-appointed trustees grinds on, the findings so ... 阅读全帖 |
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l****z
发帖数: 29846 | 4 By SCOTT PATTERSON, AARON LUCCHETTI and JULIE STEINBERG
"I don't know."
Those three words dominated a House subcommittee hearing Wednesday where
lawmakers pushed MF Global Holdings Ltd. MFGLQ +5.77% executives to explain
how $1.6 billion went missing from customer accounts as the securities firm
collapsed.
For more than two hours, three MF Global executives frustrated and stymied
lawmakers in both parties who demanded answers about money transfers made in
late October that left the securities ... 阅读全帖 |
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d******8
发帖数: 1972 | 5 Reuters) - MF Global Holdings Ltd, the futures broker run by former Goldman
Sachs chief Jon Corzine, has filed for Chapter 11 bankruptcy after a
tentative deal with a buyer fell apart.
The firm's meltdown in less than a week is a stunning setback for Corzine,
who sought to turn MF Global into a mini-Goldman. Corzine became CEO last
year after losing his governorship of New Jersey, and his big bets on euro-
zone debt sealed the company's fate.
The bankruptcy filing came after talks to sell a vari... 阅读全帖 |
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l****z
发帖数: 29846 | 6 By MIKE SPECTOR And AARON LUCCHETTI
A Senate committee probing the collapse of MF Global Holdings Ltd. sent a
letter asking the trustee overseeing the failed financial firm to abandon a
plan to pay bonuses to former top executives.
Members of the Senate Agriculture Committee told the trustee, former Federal
of Bureau Investigation director Louis Freeh, in the letter that it would
be "outrageous" to proceed with a proposal to a bankruptcy judge that could
result in payouts of hundreds of thousand... 阅读全帖 |
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H******i
发帖数: 4704 | 7 Potential Suitors Gather At MF Global Headquarters For Deal Talks
Oct 29, 2011 17:27:43 (ET)
By Jacob Bunge
Of DOW JONES NEWSWIRES
The board and management of MF Global Holdings Ltd. (MF) continued to labor
on a deal to sell all or part of the broker-dealer Saturday, with bankers
and potential partners conducting due diligence at the firm's midtown
Manhattan offices, according to a person familiar with the matter.
MF Global's board of directors continued to meet as a wet snow fell, with
Ch... 阅读全帖 |
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t*****s
发帖数: 2933 | 8 MF Global -- which is unlikely to survive through the weekend, at least in
its current form -- is no ordinary firm and the tale of how it became the
latest casualty of mindless risk taking is something that every risk taker
on Wall Street could learn from.
It begins in March of last year when former Goldman Sachs chairman, Jon
Corzine, decided he had enough of New Jersey politics and decided to jump
back into the Wall Street game. Times have certainly changed since Corzine
was one of the street'... 阅读全帖 |
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l****z
发帖数: 29846 | 9 【 以下文字转载自 USANews 讨论区 】
发信人: lczlcz (lcz), 信区: USANews
标 题: House panel votes to subpoena Corzine on MF Global
发信站: BBS 未名空间站 (Mon Dec 5 11:44:41 2011, 美东)
By MARCY GORDON
AP Business Writer
WASHINGTON (AP) -- A congressional panel has voted to subpoena former Sen.
Jon Corzine to testify next Thursday about his role leading MF Global, a
brokerage firm that collapsed this fall after a disastrous bet on European
debt.
The hearing will be a rare moment in Washington. Congressional historians
had ... 阅读全帖 |
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l****z
发帖数: 29846 | 10 By MARCY GORDON
AP Business Writer
WASHINGTON (AP) -- A congressional panel has voted to subpoena former Sen.
Jon Corzine to testify next Thursday about his role leading MF Global, a
brokerage firm that collapsed this fall after a disastrous bet on European
debt.
The hearing will be a rare moment in Washington. Congressional historians
had to reach back to 1908, when a former senator from North Carolina was
called to testify in connection with a corporate lobbying scandal, to find a
similar inst... 阅读全帖 |
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l****z
发帖数: 29846 | 11 By JOSH MARGOLIN
Last Updated: 1:11 AM, December 26, 2011
Posted: 12:53 AM, December 26, 2011
President Obama is trying to put some distance between himself and the
wreckage of bankrupt brokerage MF Global. But not too much distance.
After returning more than $70,000 to Jon Corzine, the CEO who led MF Global
into bankruptcy, the president’s re-election organizations are still
hanging onto nearly $150,000 connected to the firm, The Post has learned.
An Obama campaign official said no MF Global do... 阅读全帖 |
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l****z
发帖数: 29846 | 12 By AARON LUCCHETTI, MIKE SPECTOR and JULIE STEINBERG
MF Global Holdings Ltd.'s management "seriously underestimated both the
speed and extent" of the panic that overtook the securities firm in late
October, a bankruptcy trustee said Monday, adding that he might pursue
claims against the company's former chief executive, Jon S. Corzine.
In a 275-page report filed with a bankruptcy court Monday morning, James
Giddens, now winding down MF Global's U.S. brokerage unit, outlined how the
aggressive tr... 阅读全帖 |
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D********n
发帖数: 978 | 13 投行又少了一家...
By Tiffany Kary and David McLaughlin
Oct. 31 (Bloomberg) -- MF Global Holdings Ltd., the holding
company for the broker-dealer run by former New Jersey governor
and Goldman Sachs Group Inc. co-chairman Jon Corzine, filed for
bankruptcy after making bets on European sovereign debt.
The New York-based firm listed total debt of $39.7 billion
and assets of $41 billion in Chapter 11 papers filed today in
U.S. Bankruptcy Court in Manhattan. Affiliate MF Global Finance
USA Inc. als... 阅读全帖 |
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t******g
发帖数: 462 | 14 从CEO人品看股票
CEO is former GS Chief exeutive, and New Jersy governor, who blamed a
volatile market over the summer, which he said was “as difficult as I have
experienced in my 30 years” in the business – though he noted he was
governor of New Jersey and not in finance during the turmoil of 2008
http://www.ft.com/cms/s/0/75e8b628-ff13-11e0-9b2f-00144feabdc0.
Shares in MF Global, the broker-dealer run by former Goldman Sachs chief
executive Jon Corzine, dived by almost half on Tuesday, after the comp... 阅读全帖 |
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H******i
发帖数: 4704 | 15 该股票本来没有风险，因为公司是做结算的，但是金融危机的时候受到牵连，股价从三
十刀跌到十刀左右，最低在11月21日跌到两刀以下（$1.91）。后来投资者意识到该公
司盈利方式并无风险，于是返身杀入，股价从那以来一直在六到十刀之间徘徊。
这时候出现了一个人，此人曾经在华尔街当过黑老大，将高盛从合伙制黑帮转变成为上
市公司；后来被排挤出华尔街，跑到华盛顿做了五年参议员；然后竞选州长，又当了几
年新泽西的州长，然后竞选连任失败，于是跑到MF做CEO.
他一来就要把MF变成另外一个高盛，于是将公司业务从结算扩张到操盘交易和自营交易
和投资银行，此时正好高盛和大摩被金融危机搞得筋疲力尽，为了向联储借钱，不得不
变成bank holding company,服从联储约束，所以忍痛缩小甚至割掉操盘交易和自营交
易。MF异军突起，本来是可以迅速增长，从卖草鞋的老刘变成盘踞一方的皇叔。
不料希腊哈哈一笑说，我向天下借的钱，还不了啦。大家看着办吧。整个欧洲主权债券
应声而落。
MF手里的债券转眼贬值，再加上熊霸股市，牛藏谷底，前两天季度业绩一公布，损失惨
重，股价立刻从3块5跌到1块零7分。
公司显然无法... 阅读全帖 |
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H******i
发帖数: 4704 | 16 噩耗似乎远远地现身了...
Clearinghouses Preparing For Potential Bankruptcy Of MF Global -Sources
Oct 30, 2011 20:55:27 (ET)
By Jacob Bunge
Of DOW JONES NEWSWIRES
Exchange clearinghouses and U.S. regulators were preparing late Sunday for a
potential bankruptcy filing or other restructuring by broker-dealer MF
Global Holdings Ltd. (MF), according to people involved in the process.
The New York-based broker has been working this weekend to secure the sale
of assets or the entire company, but by late Sunday a ... 阅读全帖 |
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d******o
发帖数: 2489 | 17 If this is true, some heads will roll !
------------
WASHINGTON (AP) -- MF Global, the securities firm led by Jon Corzine,
admitted using clients' money as its financial troubles mounted, a federal
official says. The FBI is expected to investigate whether the firm's actions
violated criminal laws, according to two people familiar with the situation.
An MF Global executive told regulators early Monday that the company had
diverted client money, according to an official familiar with a separate
pr... 阅读全帖 |
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C*********g
发帖数: 3728 | 18 相机-镜头之间传统的AF过程，是寻找对焦点小框内物体的最佳对焦。大家都知道，如
果对焦物体之前有树枝或者纱窗等线状物体，AF往往会对焦到这些东西上，这时候我们
往往不得不使用MF。这里有个常见的问题:物体是三维的，甚至是互相重叠的。AF所寻
找的，是最大化物体轮廓和纹理。所以这里的假设是，在使用极浅景深对焦纵深比较大
的三维物体的情况下，AF可能可以找到很多满足最大化物体轮廓和纹理的条件，最终的
照片不一定比MF结果好。
下面使用了3个镜头：SMC Takumar 50mm/1.4, Fujica 55mm/3.5 Macro, Canon 50mm/1
.8
测试对照组如下：
1. Canon AF @ F2
2. Canon MF @ F2
3. Canon AF @ F4
4. Canon MF @ F4
5. Takumar MF @ F2
6. Takumar MF @ F4
7. Fujica MF @ F3.5
下面贴上100%原图，都是直出jpg，画面中心，同样多的像素. AF是通过中心对焦点对
焦。由于今天阳光出乎意料的强，在F2的时候稍微有点过曝。
可以看到，在F2 |
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l****z
发帖数: 29846 | 19 Those wondering why the Department of Justice has refused to go after Jon
Corzine for the vaporization of $1.6 billion in MF Global client funds need
look no further than the documents uncovered by the Government
Accountability Institute that reveal that the now-defunct MF Global was a
client of Attorney General Eric Holder and Assistant Attorney General Lanny
Breuer’s former law firm, Covington & Burling.
There’s more.
Records also reveal that MF Global’s trustee for the Chapter 11 bankruptcy
r... 阅读全帖 |
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n*********e
发帖数: 25274 | 20 MF Global (NYSE: MF), formerly known as Man Financial, is a major global
financial derivatives broker. MF Global provides exchange-traded derivatives
such as futures and options as well as over-the-counter products such as
contracts for difference (CFDs), foreign exchange and spread betting. MF
Global is also a primary dealer.
MF Global was the brokerage segment of Man Group until 2007, when the
business decided to split the investment and brokerage businesses so they
could each focus on their o... 阅读全帖 |
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l****u
发帖数: 3130 | 21 【 以下文字转载自 Stock 讨论区 】
发信人: laodou (别拿豆包不当干粮), 信区: Stock
标 题: 纽约市养老基金要悲剧了，刘醇逸雇用MF Global
发信站: BBS 未名空间站 (Thu Dec 1 15:17:39 2011, 美东)
New York City Comptroller John Liu has hired the former chief executive of
MF Global Holdings to help manage the city's pension investments.
The Wall Street Journal reports that Kevin Davis was quietly hired in
September as head of commodities in the comptroller's Bureau of Asset
Management.
Davis left MF Global in 2008 after the firm lost more than 90 percent of... 阅读全帖 |
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l****z
发帖数: 29846 | 22 by Kyle Colona on March 26, 2012
Congressional hearings continue into the MF Global snafu and with each day
come more revelations that might finger Jon Corzine for ordering fund
transfers to cover margin calls on sovereign debt positions that ultimately
brought the company down.
In fact several news sources are reporting that documents obtained by
lawmakers in connection with the hearings include emails from the firm’s
Chicago-based treasurer, Edith Obrien. These messages may indicate that he
ga... 阅读全帖 |
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n******n
发帖数: 12088 | 23 假如我通过Fidelity brokerage account，买进100股苹果，100股谷歌。
另外我还买了Fidelity的某个MF，重仓苹果和谷歌。
然后突然Fido破产了。
那么我的股票受SIPC保护，但我的MF是白损失了。
这么看来，买MF是增加了一层风险啊。
既然如此，401k为何只允许投资MF？
另外，如果我同时买了iShare重仓苹果和谷歌的ETF，然后iShare也破产了。这时我的
ETF是否受SPIC保护？ |
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c******n
发帖数: 448 | 24 每天买进卖出？ 因为mf没有交易费，可以prorate交管理费，按照expense ratio。
这样如果每天买进卖出行不行，会不会有什么限制或者额外费用？因为好像一般mf都是
长期持有。
另外fidelity的25个免交易费的etf，是完全免费（不算那个管理费，也就是expense
ratio，这个要比mf低很多），还是有个每笔交易7.95的费用？
etf是能像股票一样买卖的，如果而且又track index，比较稳定，如果再没有交易费，
expenseratio又比mf低很多，那几乎钱都可以投在etf里了。 |
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c******7
发帖数: 439 | 25 ETF收费不就应该比MF低吗?
是不是MF的目标是收益.
ETF的目标是盯紧一个INDEX, 该跌的时候一定要跌下去
MF就希望跌之前逃出来.
所以ETF管理费应道比MF低, 因为没有技术含量.
菜鸟, 不知道理解的对不对 |
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b*****n
发帖数: 2478 | 26 本来果果要是今天破了530， MF的大势就去了，俺就调动早就准备好的资金烧大盘。结
果到了535就跳回来了，hmmm
MF大难要临头了，现在想让果树帮着再撑一段时间出来减其余非权重股的仓位。摆地铺
要是摆了非权重股的，那就是为MF作贡献了。
不过现在还是局势不明朗，MF要是减仓后把资金回笼来撑权重股，也许并不落下风... |
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l****u
发帖数: 3130 | 27 【 以下文字转载自 Stock 讨论区 】
发信人: laodou (别拿豆包不当干粮), 信区: Stock
标 题: 纽约市养老基金要悲剧了，刘醇逸雇用MF Global
发信站: BBS 未名空间站 (Thu Dec 1 15:17:39 2011, 美东)
New York City Comptroller John Liu has hired the former chief executive of
MF Global Holdings to help manage the city's pension investments.
The Wall Street Journal reports that Kevin Davis was quietly hired in
September as head of commodities in the comptroller's Bureau of Asset
Management.
Davis left MF Global in 2008 after the firm lost more than 90 percent of... 阅读全帖 |
|
