Author Archives: Guest Author
Shares of MF Global plunged to $1.07 on Wednesday when the company reported its largest quarterly loss ever on Tuesday, ($191.6 million loss). Close to 90% of the market cap has vanished since former New Jersey Governor took over as CEO for Brokerage giant MF Global. On Monday Moody’s downgraded MF Global debt to just above junk status. As of Wednesday, the company’s bonds were trading at an 18% yield underscoring a lack of investor confidence in Jon Corzine’s capacity to manage the company as CEO.
Read more
Capital Markets Board of Turkey threatens to sue 32 forex websites – but some of them are not even operational
10
2011
Capital Markets Board of Turkey, announced that they are going to file a criminal complaint for the 32 forex websites, which are still active after 31 August 2011 after they have released communiqué.
Read more














