The New York Times
Mr. Koutoulas, the commodities trading adviser from Chicago, flew to New York early this week to file an emergency motion in federal court asking that all accounts be unfrozen and immediately transferred in full to other clearinghouses.
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MF Global clients fear for what they left
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MF Global bankruptcy rattles Wall St. firms
The New York Times
With MF Global filing for bankruptcy on Monday, investors pummeled many financial stocks, fearful that problems were lurking on the books of other Wall Street firms. It was a crisis of confidence, not unlike in 2008 when the markets punished stocks on mere speculation of trouble.