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Wednesday, September 18, 2013

Jefferies Reports Fiscal Third-Quarter 2013 Financial Results

http://www.sec.gov/Archives/edgar/data/1084580/000115752313004440/a50710907ex_99.htm

End result: profit crashed from $70.2MM in 2012 to just $11.7MM in the current year. Naturally, the collapse in revenue had an impact on bonus provisioning as comp and benefits expense dropped 33% to $293.8 million.


Umm taper you say LMAO! ok sure.

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