MF Global

GPTKB entity

Statements (148)
Predicate Object
gptkbp:instance_of gptkb:financial_services_company
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:Jon_Corzine
gptkbp:acquired gptkb:Interactive_Brokers
gptkbp:acquisition by Interactive Brokers
gptkbp:analyzes gptkb:FBI
ongoing
by federal regulators
gptkbp:brand damaged post-bankruptcy
gptkbp:capacity decreased
high trading volume
gptkbp:capital $41 billion
gptkbp:catch_rate low
gptkbp:ceo gptkb:Jon_Corzine
gptkb:Jon_S._Corzine
gptkbp:client institutional and retail clients
frozen during bankruptcy
gptkbp:closing_date November 2011
gptkbp:committee formed
formed during bankruptcy
gptkbp:conflict gptkb:2011
contributed to financial instability
contributed to bankruptcy
contributed to its downfall
gptkbp:consequences long-lasting
widespread
poor risk management
for regulatory reforms
long-lasting on the industry
gptkbp:court ongoing
ongoing against executives
gptkbp:depicted_in under scrutiny
inadequate
gptkbp:disbandment_date gptkb:launch_complex
complex and lengthy
filed for bankruptcy on October 31, 2011
gptkbp:discontinued gptkb:2011
gptkbp:dissolved gptkb:2012
ongoing
managed by a court-appointed trustee
gptkbp:economic_impact gptkb:significant
negative
gptkbp:effective_date October 31, 2011
gptkbp:employees approximately 1,000
1,066
over 1,000 (2011)
gptkbp:financial_performance slow
$39 billion
misleading
October 31, 2011
investigated
misleading prior to bankruptcy
gptkbp:financial_products gptkb:U._S._Bankruptcy_Court_for_the_Southern_District_of_New_York
gptkb:United_States_Bankruptcy_Court_for_the_Southern_District_of_New_York
global markets
Chapter 11
over 38,000
liquidation of assets
derivatives
futures and options
criticized
impacted
settlements reached
thousands of creditors
criticized post-bankruptcy
owed significant amounts
gptkbp:founded gptkb:1981
gptkbp:founder gptkb:John_Corzine
gptkbp:headquarters gptkb:Borough
200 Liberty Street, New York, NY
gptkbp:historical_debate filed
filed against the company
https://www.w3.org/2000/01/rdf-schema#label MF Global
gptkbp:impact market confidence
gptkbp:industry gptkb:financial_services_company
gptkb:Ernst_&_Young
brokerage services
gptkbp:investment lost
significantly decreased
European sovereign debt
diminished investor confidence in the market
gptkbp:is_respected_by eroded
gptkbp:issue_number 11-15059
gptkbp:judges gptkb:Martin_Glenn
gptkb:Judge_Martin_Glenn
gptkbp:judicial_review notable
challenging
still in process
gptkbp:key_people gptkb:John_Corzine
gptkbp:legacy controversial
impact on financial regulations
increased scrutiny of financial firms
for the financial sector
gptkbp:legal_issue lawsuits from customers
gptkbp:losses gptkb:significant
$1.6 billion
widespread
billions of dollars
significant financial losses for clients
gptkbp:market reduced
ongoing process
leading brokerage firm
exited the market after bankruptcy.
significant market share in futures trading
declined after bankruptcy
significantly reduced post-bankruptcy
gptkbp:market_cap estimated at $1.5 billion
gptkbp:market_segment gptkb:financial_services_company
gptkbp:marketing_strategy high-risk
gptkbp:notable_clients loss of customer funds
gptkbp:notable_event 2011 bankruptcy filing
loss of $1.6 billion in customer funds
gptkbp:parent_company gptkb:MF_Global_Holdings_Ltd.
gptkbp:philanthropy bad bets on European debt
gptkbp:receives_funding_from allegations
gptkbp:reform gptkb:2012
approved
failed
proposed but not approved
gptkbp:regulatory_body gptkb:Commodity_Futures_Trading_Commission
gptkbp:regulatory_compliance scrutinized
investigated practices
prompted regulatory changes in the industry
imposed post-bankruptcy
gptkbp:related_to Jon Corzine's political career
gptkbp:reputation controversial
damaged
severely damaged
severe reputation damage
damaged due to mismanagement
gptkbp:revenue $2.5 billion
$2.5 billion (2010)
gptkbp:risk_factor Michael Stockman
high risk exposure
notable position
gptkbp:services futures and options trading
clearing and execution services
gptkbp:stock_exchange commodities and futures
gptkbp:subsidiary gptkb:MF_Global_UK_Ltd.
gptkbp:supports increased scrutiny post-collapse
lacked
increased after bankruptcy
gptkbp:symbol MF
gptkbp:team proposed
limited success
gptkbp:traded_on gptkb:New_York_Stock_Exchange
gptkbp:tutorials learned
gptkbp:type gptkb:Company