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MF Global order to pay $1.6 billion to former clients

Ana Komnenic | November 18, 2013 | 6:17 pm Europe 

MF Global will repay nearly the entire amount that disappeared from customer accounts during the brokerage firm's financial meltdown in 2011. A federal court in New York has ordered the now defunct company to pay $1.2 billion in restitution to...

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