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FBI to probe MF Global for possibly using client funds

CHICAGO/NEW YORK (Reuters) – MF Global Holdings Ltd failed to protect customer accounts by keeping them separate from its own funds, said a top U.S. exchange regulator, another shock for commodity markets scrambling to contain fallout from the brokerage’s bankruptcy. The revelation on Tuesday by CME Group Inc suggests Jon…

New bankruptcy ripples may emerge in tough economy

(Reuters) – Three years after the collapse of Lehman Brothers touched off a tidal wave of bankruptcy filings, corporate failures may be about to pick up again, with some big-name companies among those struggling for survival. Companies in a range of businesses, including hair salons, restaurants, renewable energy, and the…