Refco Meltdown fka RFC

[gaboracs]

Refco (NYSE:RFX - News) remains halted, down 72% on the week.

More background data and SEC filings:

http://www.investorshub.com/boards/read_msg.asp?message_id=8122231

http://www.investorshub.com/boards/read_msg.asp?message_id=8126179

http://www.investorshub.com/boards/read_msg.asp?message_id=8126206

Refco shuts down main business
Friday October 14, 6:36 pm ET
By Chris Sanders and Michael Flaherty


NEW YORK (Reuters) - Potential buyers began circling Refco Inc. (NYSE:RFX - News) on Friday after the largest U.S. independent commodities brokerage shut down another major business as it battled for survival.

http://biz.yahoo.com/rb/051014/financial_refco.html?.v=9

Lawsuit Accuses Refco, Inc. of Misleading Investors, Berman DeValerio Pease Tabacco Burt & Pucillo Announces
Friday October 14, 5:40 pm ET


NEW YORK, Oct. 14 /PRNewswire/ -- An investor sued Refco, Inc. ("Refco" or the "Company") (NYSE: RFX - News) today, alleging that the Company issued materially false and misleading financial statements in connection to its August 11, 2005 initial public offering ("IPO").

http://biz.yahoo.com/prnews/051014/nef027.html?.v=3

Embattled Refco Dusts Off the White Flag

By Matthew Goldstein
Senior Writer
10/14/2005 4:39 PM EDT
Click here for more stories by Matthew Goldstein

Updated from 2:07 a.m. EDT
Refco (RFX:NYSE - commentary - research - Cramer's Take), the New York derivatives house battling to survive an accounting scandal, looked ready to hoist the white flag Friday, announcing steps that will greatly diminish the business of its U.S. brokerage arm.

But in a bit of good news for Refco, the firm's three main banks decided to take no immediate action on the question of whether Refco has defaulted on its debt. They will meet again next week to consider the matter.

http://www.thestreet.com/_yahoo/markets/matthewgoldstein/10247380.html?cm_ven=YAHOO&cm_cat=FREE&...

In light of the Audit Committee’s investigation, the Company, Refco Group Ltd., LLC and Refco Finance Inc. each will likely delay the filing of its Quarterly Report on Form 10-Q for the quarterly period ending August 31, 2005, due on October 17, 2005. The Company cannot estimate at this time when the Fiscal 2006 second quarter Form 10-Q filings will be made or when the Audit Committee investigation will be concluded.

http://www.sec.gov/Archives/edgar/data/1321746/000110465905048112/a05-17426_1ex99d1.htm