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S.Res. 407

ResolutionFederalSenatePassed Senate
A resolution expressing the sense of the Senate that executives of the bankrupt firm MF Global should not be rewarded with bonuses while customer money is still missing.
About This Bill
Passed
Latest Action · March 27, 2012
Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2113; text as passed Senate: CR S2113; text of measure as introduced: CR S2092)
Congress
112th (2011–2013)
Introduced
March 27, 2012
Sponsor
Sen. Debbie StabenowD
Cosponsors (1)
0D 1R
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Summary

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Expresses the sense of the Senate that, until the segregated account funds of its customers have been fully repaid and federal investigations have revealed both the cause of, and parties responsible for, the loss of millions of dollars of its customers' money, bonuses should not be paid to the executives and employees responsible for the day-to-day management and operations of MF Global.

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