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MF Global sold assets to Goldman before collapse: sources (Reuters)

Reuters – MF Global unloaded hundreds of millions of dollars’ worth of securities to Goldman Sachs in the days leading up to its collapse, according to two former MF Global employees with direct knowledge of the transactions. But

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MF Global sold assets to Goldman before collapse: sources
(Reuters)

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Conn. projects budget surplus of $83.7 million (AP)

AP – The state’s latest financial projections are calling for an increase in Connecticut’s budget surplus as the economy shows signs of improvement.

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Conn. projects budget surplus of $83.7 million
(AP)

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IMF’s Lagarde warns global economy threatened (Reuters)

Reuters – The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that has rattled the global financial system.

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IMF’s Lagarde warns global economy threatened
(Reuters)

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IMF urges members to boost funding under 2010 plan (Reuters)

Reuters – IMF chief Christine Lagarde on Thursday urged member countries to quickly sign off on an agreement last year to double IMF resources and give under-represented nations, such as China, greater voting power in the global lender.

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IMF urges members to boost funding under 2010 plan
(Reuters)

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Exclusive: CME Trust’s charity grants halt on MF failure (Reuters)

Reuters – CME Group Inc, which has given $22 million to Chicago-area schools and charities over the past five years, has stopped making grants through its main foundation, citing the collapse of MF Global Holdings Inc.

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Exclusive: CME Trust’s charity grants halt on MF failure
(Reuters)

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MF’s Corzine said to know of customer fund misuse (Reuters)

Reuters – The regulatory arm of CME Group has turned over interviews to the Justice Department that allege former MF Global chief Jon Corzine knew that the now-bankrupt brokerage firm used customer money to lend to a European affiliate, a CME executive said on Tuesday.

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MF’s Corzine said to know of customer fund misuse
(Reuters)

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Exclusive: MF Global mixed funds, transferred abroad (Reuters)

Reuters – Regulators investigating the collapse of MF Global have determined that the firm combined money between securities and futures accounts owned by customers, and transferred funds outside the country to at least one entity, a source said on Friday.

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Exclusive: MF Global mixed funds, transferred abroad
(Reuters)

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Debt funds needed in all eurozone states: Germany (Reuters)

Reuters – Every country in the euro zone needs to set up a special national fund for sovereign debt that is more than 60 percent of gross domestic product, Germany’s finance minister told a newspaper.

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Debt funds needed in all eurozone states: Germany
(Reuters)

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U.S. jobless rate drops to 2-1/2 year low (Reuters)

Reuters – The U.S. unemployment rate tumbled to a 2-1/2 year low in November, even though the pace of hiring remained too slow to suggest a significant acceleration in the labor market recovery.

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U.S. jobless rate drops to 2-1/2 year low
(Reuters)

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MF Global trustee doubles estimates of shortfall (Reuters)

Reuters – The shortfall of commodity customer funds at MF Global Holdings Ltd may be around $1.2 billion, about double initial estimates from regulators, the trustee liquidating the company said on Monday.

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MF Global trustee doubles estimates of shortfall
(Reuters)

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