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
|