It's not the first lawsuit against Corzine: MF Global shareholders and customers have also filed complaints.
In fact, there have been three separate reports examining the downfall of MF Global.
Jon Corzine sank MF Global so deep they can't seem to find all of his ship.
After the demise of MF Global, one could call Jefferies and CEO Richard Handler survivors.
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Foti Georgiadis of Malibu, CA moved his brokerage account to MF Global earlier this year.
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New York Stock Exchange composite trading, though they still remain below their pre-MF Global collapse level.
Even for those broker dealers that do have public holding companies, such as MF Global Inc.
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With MF Global, the rating companies find themselves on the hot seat once again.
The bank held MF Global funds in several accounts and also processed the firm's securities trades.
The data was supportive for gold, says Tom Pawlicki, precious-metals analyst with MF Global.
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In March, MF started assessing its cost base, which includes the firm's compensation structure.
Some of their meetings included MF Global employees in risk management, treasury and finance.
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Think MF Global which laid off 1200 in one fell swoop in its bankruptcy filing.
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Despite the MF Global precedent, the collapse of Peregrine came as a surprise to many.
In its frantic final days, MF drew down its credit lines, leaving many banks exposed.
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By the end of the week banks and exchanges had stopped doing business directly with MF.
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Corzine became chief executive of MF Global, an international brokerage firm that specializes in futures, options and derivatives trading.
Most of MF Global's employees were fired shortly after the Oct. 31 bankruptcy filing.
Something is still missing today, the one year anniversary of the bankruptcy of MF Global.
But MF Global has caused more paralysis than the futures markets have seen in years.
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Thereafter, he held elected offices until he joined MF Global Inc. in March 2010.
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On a side note, keep in mind that MF Global had credit facilities in place with JPMorgan.
This is clearly evident in European banks right now and lead to the demise of MF Global.
In fact, instead of going to jail, MF Global chief Jon Corzine may start a hedge fund.
That's why the MF Global scandal hurt so much: a financial tsunami that nearly wiped everything away.
Giddens last year joined a lawsuit against Corzine and other former executives brought by MF Global customers.
"The negligent conduct identified in this report foreseeably contributed to MF Global's collapse, " the new report says.
There was a report -- on another subject -- about MF Global not facing any criminal charges.
Ironically, a day after MF Global filed Chapter 11 bankruptcy its President and COO, Russ Wasendorf, Jr.
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The discovery that money could not be located might simply reflect sloppy internal controls at MF Global.
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