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The court-appointed trustee overseeing the liquidation of MF Global’s brokerage now estimates that the shortfall in the firm’s customer funds could be more than $1.2 billion, double previous estimates.

BCM Has Ceased Operations (source) Posted by Ann Barnhardt - November 17, AD 2011 10:27 AM MST Dear Clients, Industry Colleagues and Friends of Barnhardt Capital Management, It is with regret and unflinching moral certainty that I announce that Barnhardt Capital Management has ceased operations. After six years of operating as an independent introducing brokerage, and eight years of employment as a broker before that, I found myself, this morning, for the first time since I was 20 years old, watching the futures and options markets open not as a participant, but as a mere spectator. The reason for my...

Screw you, Jon Corzine. All 1,066 employees of the bankrupt trading house MF Global got the boot yesterday in a pre-holiday massacre that left workers without severance and benefits -- and they blamed only one man for their woes. ... If Corzine were around, DiMatteo told Bloomberg News, “I would punch him in the face.” ... Bankruptcy trustee James Giddens is still trying to find about $600 million in missing customer money. Forensic probers are trying to account for the brokerage firm’s assets, and federal agencies are investigating whether MF mixed company funds with money missing from customer accounts.

Corzine lobbied feds to ease regsBy MARK DECAMBRE and KAJA WHITEHOUSE Last Updated: 11:42 PM, November 3, 2011 Months before the stunning collapse of MF Global, the embattled brokerage firm mounted a full-court press to compel regulators to allow it to tap customer funds to invest in the kind of dicey sovereign debt that led to its demise. The lobbying effort was in response to new rules that the Commodity Futures Trading Commission, run by chairman Gary Gensler, was planning to impose on broker-dealers, restricting them from making investments with client money in sovereign debt securities. Broker-dealers are allowed to...

Obama Campaign Pledges To Return Corzine's Donations If He Is Charged In MF Global Investigation Zeke Miller Nov. 2, 2011, 6:06 PM An official with President Barack Obama's reelection campaign told Reuters that it would return money from MF Global CEO Jon Corzine if he is brought up on civil or criminal charges. Corzine is a major bundler for Obama, raising over $500,000 for the reelect according to the campaign — and he has maxed out his personal contribution as well. As of yet, no charges have been brought against Corzine or his bankrupt company — though several federal agencies...

Corzine's firm admits to using clients' money, fed saysBy Associated Press Published: Wednesday, November 02, 2011 WASHINGTON — MF Global, the securities firm led by former New Jersey Gov. Jon Corzine, admitted using clients’ money as its financial troubles mounted, a federal official says. An MF Global executive admitted that to federal regulators in a call early Monday, after regulators raised questions about the company’s books, according to an official familiar with the conversation. It is not clear where the money ended up or what it might have been used for, said the official, who spoke on condition of anonymity...

Police: Mich. Woman Had Sex With Biological Son By THE ASSOCIATED PRESS September 12, 2009 WATERFORD TOWNSHIP, Mich. (AP) -- A Detroit-area woman accused of having sex with her biological son after finding him on the Internet has been charged. Police say 35-year-old Aimee Louise Sword of Waterford Township is facing one count of third-degree criminal sexual conduct after two counts were dropped earlier this week. Authorities haven't said when or where she and the teenager met, but said she gave him up for adoption more than 10 years earlier. She surrendered to police in April. Sword is free on...

"The Deer & Dog" Story Truth Is Finally Told Radio station DJ's have been playing the tape for years, claiming that it's authentic. But now a purported 911 call reporting an auto accident involving a deer has been exposed as a hoax by 9-1-1 Magazine. The tape, which has come to be known as "The deer and the dog," features a male caller who claims he struck a deer on the highway. The call deteriorates into screaming and cursing that completely befuddles the dispatcher. But according to a story at 9-1-1 Magazine's Web site, the tape is a phony,...