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Latest Headlines

Latest Headlines

MF Global faces mounting questions

While lawyers for MF Global were in bankruptcy court tying to assure a judge that all assets had been accounted for, more issues kept cropping up. The CME, the main SRO regulating the brokerage,

Is Irving Picard making too much money?

Perhaps it was inevitable that, given emotionally charged nature of the process, Irving Picard would be heavily criticized for his work winding down the Bernard Madoff mess. We've noted that the

Update: Irving Picard on Madoff recovery efforts

Irving Picard, the trustee tasked with recovering assets from the Bernard Madoff Ponzi scheme, says part of the $10 million he has recovered so far will likely soon be distributed. Picard and chief

What to make of Irving Picard?

Irving Picard is a man on a mission. And for the most part, people have cheered the zeal with which the court-appointed trustee, tasked with recovering assets from the epic Bernard Madoff Ponzi