Leadership Letters
30 Things I Have Learned During My First 30 Years At Jefferies
Thirty years ago today at the age of 28, I officially began working at Jefferies in Los Angeles. Technically, I agreed to join Jefferies in February of 1990 to help build a high yield bond department, but for the first three months I had a dual role as I was also helping to liquidate the bond portfolio of my previous employer that just filed for bankruptcy, Drexel Burnham Lambert.
When Are We Going To Return To Work At Jefferies?
Welcome to the month of May. It is clear that for the next month of our lives, the press and the chatter will be incessantly focused on the plans and strategies emerging about how businesses are going to “bring people back to work.”
Solid First Shot But More Bazookas Needed
A little over two weeks ago, we wrote to you that the epicenter of the massive turmoil in the economy is the endless range of businesses that employ a large portion of the work force. Our focus was, and is, to help working people maintain their jobs throughout this hopefully contained period of isolation and demand collapse by supporting and maintaining previously strong and viable enterprises that employ good hardworking people.
Even With Heartbreaking Loss, Springtime Can Bring Green Shoots of Optimism
We hope you, your family and your colleagues are healthy and managing through this crisis as safely and effectively as possible. As you know, this week the coronavirus caused us to lose our friend and partner, Peg Broadbent, who served as CFO of Jefferies Group since 2007.
The Epicenter of the Massive Turmoil in the Economy and the Markets
Jefferies’ Investment Banking clients are primarily mid-sized public and private companies in all industries, generally worth $500 million to $10 billion. They employ many tens of millions of people and represent a true cross-section of the economy.
Priorities, Strategies and Emotions of Living and Operating in a Pandemic
The two of us have spent virtually every waking hour (and unfortunately plenty of our sleep time) for well over a month focused on and thinking about the Coronavirus and its implications for all of our families and friends, our clients and Jefferies.
Grasping for the Bright Side and Perspective in Dealing with the Coronavirus
Now that each of us has a second to breathe and truly be with our families, we would like to share some bigger picture thoughts with you.
A Time of Uncertainty, and a Time to Step Up At Home and At Jefferies
The Coronavirus has now expanded globally and is becoming a factor in every one of our lives. None of us truly knows the scale and scope of what we will be dealing with, but there is no doubt that fear of the unknown is beyond unsettling.
The Too Often Overlooked Real Center Of Our Universe
Insight-generating, client-swaying, wisdom-sharing and revenue-generating MDs and Senior Vice Presidents are fuel that power Jefferies.