MF Global sent the $200 million to JPMorgan, some people close to the investigations believe, after it overdrew an account at the bank.
After Moody's downgrade last week, MF Global sent a letter to clients trying to reassure them of the firm's strength.
DealBook » | One Option for Corzine in MF Global Inquiry: the Fifth Amendment MF Global Clients Complain About Bounced Checks | It seems that MF Global sent checks instead of wiring money to customers who requested funds — as a way to buy time in the days before its bankruptcy, Reuters reports.
Meanwhile, the bankruptcy of the brokerage firm MF Global sent some ripples through the markets, reducing trading volumes as its traders were barred from commodity exchange floors in Chicago and New York, but analysts and traders said its effects were minor compared with the actions in Greece.
The cartel can rapidly add to supplies or remove them from global markets, sending prices up or down.
A near 9% fall in the main Shanghai Composite index, its biggest one-day drop since 2007, reverberated around global markets, sending other bourses from Sydney to Wall Street tumbling.
Samsung, which had predicted strong quarterly earnings earlier this month, has performed strongly this year, riding a sector recovery and wrestling market share from global rivals, sending its stock to a record high last month.
Today the Columbia is a tributary of global industry, sending goods to Portland and points beyond.
This backdrop is having a global impact, sending the Japanese yen higher as concerns about carry-trade unwinding come to the surface.
n The U.S. The Federal Reserve's inadvertent tight money policy has deepened the global deflation, sending commodity prices crashing across the board.
