Tags: MF | Global | Subpoenas

MF Global Subpoenas Said to Be Issued by Chicago U.S. Attorney

Thursday, 17 November 2011 07:11 AM EST

U.S. Attorney Patrick Fitzgerald in Chicago issued subpoenas in a probe of MF Global Holdings Ltd., the broker dealer parent that filed for bankruptcy Oct. 31, a person familiar with the matter said.

MF Global, which was run by former New Jersey Governor Jon Corzine, filed for Chapter 11 bankruptcy after a $6.3 billion bet on the bonds of some of Europe’s most indebted nations prompted regulator concerns and a credit rating downgrade.

The Wall Street Journal reported yesterday that the office of U.S. Attorney Preet Bharara in Manhattan also issued subpoenas in a probe of MF Global.

The person familiar with the matter, who didn’t want to be identified because the investigation isn’t public, said federal prosecutors in New York haven’t issued criminal subpoenas. He said Fitzpatrick’s office sent subpoenas early in the process and no more have been issued.

Randall Samborn, Fitzgerald’s spokesman, declined to comment yesterday on whether the office had issued subpoenas in the probe. Carly Sullivan, a spokeswoman for Bharara’s office, said the office doesn’t confirm the issuance of subpoenas and declined to comment further.


© Copyright 2024 Bloomberg News. All rights reserved.


FinanceNews
U.S. Attorney Patrick Fitzgerald in Chicago issued subpoenas in a probe of MF Global Holdings Ltd., the broker dealer parent that filed for bankruptcy Oct. 31, a person familiar with the matter said.MF Global, which was run by former New Jersey Governor Jon Corzine, filed...
MF,Global,Subpoenas
180
2011-11-17
Thursday, 17 November 2011 07:11 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved