MF Global Traders Blocked by CME

MF Global Traders Blocked by CME

Mandel Ngan/AFP/Getty Images

The holding company for the futures brokerage and broker- dealer run by former New Jersey governor and Goldman Sachs Group Inc. (GS) co-chairman Jon Corzine sought court protection today, less than a week after reporting a record quarterly loss and disclosing a $6.3 billion wager on European sovereign debt.