Rochelle on MF Global, Tousa, Jesuits and the Titanic: Audio

Lawyers for the MF Global Holdings Ltd. creditors' committee may end up working for nothing, for reasons explained by Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their podcast. A federal appeals court in Atlanta reversed a district court in the liquidation of homebuilder Tousa Inc. (TOUSQ) and ruled that banks committee a $400 million fraudulent transfer. The podcast ends with a story about a lawyer who was sanctioned for claiming that Jesuits infiltrated the federal judiciary and were responsible for the sinking of the Titanic.

(Source: Bloomberg)

Running time 13:11

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.