-
A History Of Businessmen In Politics
Monday, March 6, 2017 - 11:43am | 513Business and politics are considered as two different worlds. But, they often join hands with each other. The business executives are generally perceived to have high levels of accountability as they come from running business houses. On the other hand, businessmen try to generate profit, while...
-
Stocks Chris Christie Would Pick
Friday, August 31, 2012 - 10:23am | 737Editor's note: This is the first in a series of articles that will be appearing on Benzinga.com over the next few months. Governor of New Jersey Chris Christie is famous for many things, among them being the first Republican in 12 years to win a statewide election for governorship in 2009 (...
-
MF Global E-Mail: Corzine Thought Transfer Was From MF Account
Monday, March 26, 2012 - 3:29pm | 656Last week, a memorandum drawn up by the oversight panel of the House Financial Services Committee set off a firestorm surrounding former MF Global CEO Jon Corzine. The memo appeared to indicate that Corzine gave direct orders to transfer money out of a client account in order to cover an overdraft...
-
Sirius XM Hasn't Learned from the Mistakes of Others
Friday, December 30, 2011 - 1:50pm | 885As a Sirius XM Radio (NASDAQ: SIRI) subscriber, I am pleased to announce that I thoroughly enjoy my radio service and love having the numerous options the company has to offer uninterrupted during my travels anywhere in the country. However, I am NOT happy to announce the receipt of a letter in my...
-
Can a Picture of the CEO Predict Stock Performance?
Monday, December 19, 2011 - 8:14am | 863Earlier this fall a noted author, Michael Lewis, talked about an interesting investment strategy on CNN's Global Public Square. Lewis discussed his Moneyball book and the theory that people make misjudgments when they rely too much on their eyes instead of numbers and hard data. Lewis mentioned...
-
Fox Business Network: Jon Corzine Has Been Served Court Papers
Thursday, December 15, 2011 - 6:18pm | 141FOX Business Network (FBN) reports MF Global CEO Jon Corzine “has been served with court papers.” While on recess from his trial by the Financial Services Oversight Committee, “a process server served Corzine with a lawsuit. Corzine immediately dropped the paper on the floor. It was retrieved by...
-
Regulators: We Know Where MF Global Funds Went
Thursday, December 15, 2011 - 2:34pm | 736According to a Reuters report, regulators have made substantial progress in piecing together what happened to missing funds from client accounts in the days prior to brokerage MF Global's collapse. They are currently trying to sort out which transactions were legitimate and which were not before...
-
MF Global: Extreme Incompetence a Possibility; Criminality More Likely
Tuesday, December 13, 2011 - 1:06pm | 727The MF Global saga is getting more ridiculous by the day. On Tuesday, two more top executives of the bankrupt futures brokerage testified in front of a Senate Agriculture Committee, repeating former CEO Jon Corzine's refrain of cluelessness as to what happened to as much as $1.2 billion in client...
-
Jon Corzine: "I Simply Do Not Know Where The Money Is"
Thursday, December 8, 2011 - 4:24pm | 424Former MF Global CEO Jon Corzine testified under subpoena on Thursday in front of a House Agriculture Committee Hearing. The executive apologized "to all those affected" by MF Global's collapse and the subsequent discovery that $1.2 billion in customer funds are missing. He said, "I simply do not...
-
How, Exactly, Does One Lose $1.2 Billion?
Thursday, December 8, 2011 - 2:18pm | 707I have to be honest here. I pulled a Jon Corzine once. I had taken twenty dollars from my bank account to buy some fast food. In my haste to get dressed (I've never been a big fan of wearing pants until they're required) I somehow misplaced the twenty dollars. I looked everywhere — in my dresser,...
-
Eliot Spitzer Tells Fox Business That Former MF Global CEO John Corzine "Has a Bull's-Eye On His Back"
Monday, November 28, 2011 - 7:48pm | 371In an interview to appear tonight on FOX Business Network's (FBN) Power & Money (9 PM/ET) former Governor Eliot Spitzer (D-NY) speaks with host David Asman about the collapse of MF Global and the future of MF Global President and former New Jersey Governor Jon Corzine. Spitzer said while it is...
-
MF Global Shortfall Might Be Worse Than Thought
Monday, November 21, 2011 - 2:55pm | 441Another day, another dollar...or a billion dollars, if you're one of the former clients of Jon Corzine's MF Global (NYSE: MF). MF Global is the investment bank that took almost 230 years to build into an international powerhouse. It took Jon Corzine roughly 18 months to destroy the company,...
-
James Koutoulas: "We Want to See Corzine in Court, Under Oath"
Friday, November 18, 2011 - 5:53pm | 409But they'd probably settle for watching Corzine squirm like a coward if he takes the Fifth. As the CEO of Typhon Capital Management, James Koutoulas is well aware of the nightmare MF Global has caused. To help some of the victims of the firm's demise, Koutoulas co-founded the Commodity Customer...
-
Benzinga Talks to MF Global Customer Counsel James Koutoulas
Friday, November 18, 2011 - 4:32pm | 1327Benzinga Radio recently had the opportunity to speak with James Koutoulas about the MF Global missing funds saga. Mr. Koutoulas is the CEO of Typhon Capital Management and recently founded the Commodity Customer Coalition (CCC), which is comprised of over 7,000 customers of MF Global. In his role...
-
James Koutoulas Responds to Ann Barnhardt's Letter, Thinks She's Taking the "Easy Way Out," Advises Her to Fight
Friday, November 18, 2011 - 3:44pm | 677The CEO of Typhon Capital Management is speaking out on the widely-circulated letter from Barnhardt Capital Management's former leader. Ann Barnhardt made quite a splash when she shared her true feelings about MF Global and the closure of her own firm, Barnhardt Capital Management. “The reason...