Summary
STRICKEN brokerage Refco is on the verge of being dismantled as investment fund JC Flowers Co finalises talks to buy its commodities and futures arm.
The New York firm's capital markets and securities divisions have been closed to new business and could seek bankruptcy protection this week.See the full content of this document
Extract
Refco Teeters On the Brink of a Break-Up
Refco's dramatic decline comes just a week after British-born chief execu...
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