NEWS
Former MF Global Employee Admits Fault
Tue Dec 11, 2012 04:38 PM CST

(Dow Jones) -- A former commodities trader for MF Global Holdings Ltd. on Tuesday admitted guilt in a rogue trading episode that rocked the brokerage firm nearly five years ago and set in motion the events that led to its collapse.

Evan Dooley, previously an "associated person" in the Memphis, Tenn., office of MF Global, pleaded guilty Tuesday to futures trading violations in 2008 that drove a $141 million loss for MF Global, according to authorities.

Mr. Dooley, whose trades jostled prices in wheat markets in February 2008, couldn't immediately be reached for comment. His lawyer didn't respond to a ...

Quick View
  • Crop Tech Corner In this week's Crop Tech Corner, researchers produce orange-colored corn with sight-saving capabi...
  • Strong Immunity Wins Two weeks after calving, cows lose body condition. But if she is short on nutrients, too, that dr...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Klinefelter: By the Numbers Farm lenders should halt their petty rivalry and focus on agriculture's best interest: Our nation...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • GOP Picks Conaway as House Ag Chairman The House Republican Steering Committee on Tuesday selected Rep. Michael Conaway, R-Texas, as the...
  • Head Start A Pennsylvania teen has two years of a farm-to-fork business under his belt and is looking to exp...
  • Woodbury: Farm Family Business One of the world's wealthiest families measures success not in dollars but in authenticity.
  • Ask the Vet A warning about bull breeding soundness.
Related News Stories
Stretching a State's Waters
Lenders on Alert
Cash Will Be King
High-Speed Trading Firm to Pay $1M
Farm Investors Welcome