corporate buzz

MF Global Contracts

MF Global Holdings Ltd. recently announced its Chapter 11 bankruptcy filing. I’ve added MF Global contracts to the site. Here is the latest Jon Corzine employment agreement.

The most curious agreement was a Car Parking Agreement between J.P. Morgan Markets Limited and MF Global. At first, I thought a car must have been an acronym for some complex financial product. After all, it’s a 62 page(!) agreement. But, it just covers the parking of 15 private motor cars at Canary Wharf Estate. Still, 62 pages!!!


Death of Suburbia

Levittown was the first mass-produced suburb and built by Levitt & Sons, Inc. Last November, the builder, a victim of the real estate downturn, declared bankruptcy, laid off its employees, and left a line of homebuyers in limbo. Levitt Corp. contracts have been added.